For Sale
$2,100,000

13640 Jones StLavonia, GA 30553

Georgia QSR, 15-Year Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
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
13640 Jones St, Lavonia, Georgia

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13640 Jones St
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