3835 Appalachian HwyBlue Ridge, GA 30513

This exceptional investment opportunity presents a fee-simple, absolute NNN leased Bojangles' restaurant located at 3835 Appalachian Hwy, Blue Ridge, GA 30513. The property boasts a 2,964 square foot building constructed in 2021 on a one-acre lot. The current lease, with a corporate guarantee, commenced January 1, 2022, and extends to January 31, 2038, with three 5-year renewal options. This translates to a remaining lease term of 13.2 years. The property enjoys a 100% occupancy rate, generating a strong net operating income (NOI) of $150,037, resulting in a 5.85% cap rate. The asking price is $2,564,744, representing a price per square foot of $865.30. Rent increases are built into the lease, with a 7% bump every six years. The property benefits from its prime location in a dense retail corridor, shadow-anchored by Walmart and Home Depot, and enjoys excellent visibility along US Highway 76 (Appalachian Highway), a major thoroughfare for tourists visiting Lake Blue Ridge and the Chattahoochee National Forest. The property's location in a high-tourism area, known as the "Trout Capital of Georgia," further enhances its investment appeal. The tenant is responsible for all property taxes, insurance, and common area maintenance (CAM), offering a truly passive investment opportunity with zero landlord responsibilities. The property also includes a large billboard space leased separately through March 2032. Parcel number is 0052 1110A.