Captain D’s

123 Elbert Street, Elberton, GA
Deal Type:
Sale Leaseback
Price:
$1,805,310
Cap Rate:
5.65%
Current Rent:
$102,000
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
Five, 5-year options
Building Sq. Ft.:
2,618 SF
Rent Increases:
10% every 5 years
Site Size:
.88 Acres

Investment Highlights

  • Largest Captain D’s Franchisee in the System
  • Long Term Absolute NNN Lease to Commence upon Closing
  • Located along an Established, Heavily Trafficked Retail Corridor
  • Area Retailers Include Ingles, Walmart, CVS, Walgreens, and O’Reilly
  • Established Brand – Founded in 1969 with 540 Total Units Systemwide

Listing Agents

Adam English

Managing Director
256 694 9803
adam@stream-cp.com

Adam Baxter

Vice President
205 394 3520
abaxter@stream-cp.com

Jordan Williams

Senior Associate
205 209 5671
Jwilliams@stream-cp.com

In Association with Scott Reid & ParaSell, Inc. | P: 949.942.6585 | A Licensed Georgia Broker #77666

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