For Sale
$2,100,000

13640 Jones St Lavonia, GA 30553

Georgia QSR, 15-Year Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents the fee simple ownership of a brand-new, single-tenant Arby's restaurant in Lavonia, Georgia. The property, situated on approximately one acre, boasts a prime location on Jones Street, a high-traffic thoroughfare with 12,759 vehicles per day, and convenient access to I-85 (43,154 VPD). Built in 2024, this 1-story, 1-unit building features a drive-thru, catering to the demands of a busy retail corridor. The property benefits from a strong demographic profile, serving an affluent population of 31,187 residents within a 10-mile radius, boasting an average household income of $82,754 annually. The investment is secured by a 15-year absolute NNN lease, commencing January 1, 2025, and expiring December 31, 2039, with a full 15.1 years remaining. This lease structure ensures passive ownership, with the tenant responsible for all operating expenses and maintenance. The lease includes a built-in rent increase of 10% every five years, providing consistent rental growth throughout the initial term and five, five-year renewal options. The asking price is $2,100,000, representing a 5.25% cap rate. This is a rare opportunity to acquire a high-performing, low-maintenance, long-term investment in a thriving retail market. The property's location, strong tenant, and favorable lease terms make it an ideal addition to any investment portfolio.

Highlights

  • Absolute NNN Lease with long-term duration.
  • New construction quick-service restaurant (QSR) with drive-thru.
  • Rent increases every five years.
  • Located in a prime retail corridor.
  • Strong demographics with high average household income.
  • High barrier to entry for competitors.

Property Details for 13640 Jones St

Property type
Retail properties
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
43,560 SF
Units
1

Location Insight

City
Lavonia
County
Franklin
State
Georgia
Latitude
34.4455723
Longitude
-83.1177979

FAQs

What type of property is this?
Retail property - Georgia QSR, 15-Year Lease, High ROI
Where is the retail property located?
The property is located at 13640 Jones St Lavonia, GA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Absolute NNN Lease with long-term duration.; New construction quick-service restaurant (QSR) with drive-thru.; Rent increases every five years.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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13640 Jones St
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