Calhoun, GA - Little Caesars

Description:

• The tenant has over 4 years of firm term remaining with an additional 5 (5-year) option periods left to extend
• The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation
• The lease is absolute NNN and is guaranteed by an established franchisee
• Founded in 1959, Little Caesars is among the largest pizza chains in the world with over 4,200 operating locations throughout 29 countries and territories

• Strategically located along Highway 53 with clear visibility and access to an average of 35,000 vehicles passing by daily
• The site benefits from nearby access onto Interstate 75 (66,000 VPD), making it a centralized location with easy access for customers
• The store is ideally adjacent to Indian Hills (128K+ SF) and Calhoun Outlet Marketplace (272K+ SF), two major shopping centers
• The strong surrounding tenants include ALDI, Walmart Supercenter, AutoZone, Kroger, Tractor Supply Co., Home Depot, and others
• The freestanding asset is equipped with a drive-thru to accommodate customers efficiently