109 Habersham Hills CirCornelia, GA 30531
Georgia QSR Investment Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- $2,429,000 asking price for this 931 square foot Sonic restaurant.
- Absolute NNN ground lease with a corporate guarantee from SRI Operating Company.
- 18.7 years remaining on the lease, expiring July 30, 2043, with 10% rent bumps every 5 years.
- 5.25% cap rate and $127,500 annual NOI.
- Located on a 1.45-acre lot with 25 parking spaces at a signalized intersection of US 441 & Cannon Bridge Rd, in a high-traffic area.
Property Details for 109 Habersham Hills Cir
- Property type
- Retail properties
- Square Feet
- 931 SF
- Year Built
- 2023
- Buildings
- 1
- Lot Size (sq. ft)
- 63,162 SF
- Units
- 1
Location Insight
- City
- Cornelia
- County
- Habersham
- State
- Georgia
- Latitude
- 34.5434897
- Longitude
- -83.5434581
Nearby Similar for Sale
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