1215 Ga-85Fayetteville, GA 30214

Property Details for 1215 Ga-85

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a 20-year absolute triple-net lease for a Freddy's Frozen Custard & Steakburgers restaurant in Fayetteville, Georgia, within the Atlanta MSA. The property boasts a 50,092 square foot lot and enjoys 100% occupancy with a strong, established tenant. The lease features a substantial 20-year term with built-in rent bumps of 10% every five years, ensuring consistent income growth. The property generates a Net Operating Income (NOI) of $200,000, resulting in a 5.70% cap rate. This location is strategically positioned in a high-growth, affluent area, surrounded by major retailers including Walmart, Publix, Target, Home Depot, Lowe's, and Kroger, within a dense retail corridor. The surrounding area is characterized by high average household incomes (nearly $100,000 annually) and projected annual population growth of approximately 1.1% within a one-mile radius over the next five years. The lease is guaranteed by JRI Hospitality, the largest Freddy's franchise operator, with over 80 existing locations across 15 states and plans for further expansion. This presents a compelling opportunity for long-term, passive income generation in a prime retail location within a thriving Atlanta suburb with approximately 1,280,000 residents within a 20-mile radius. The asking price is $3,510,000. Lease options are available in 4-5 year increments.

Location Insight

City

Fayetteville

County

Fayette

State

Georgia

Latitude

33.4737

Longitude

-84.441

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].