Colbie’s Southern Kissed Chicken

1643 NJ-38 West, Mt Holly, NJ
Deal Type:
Net Lease
Price:
$3,741,876
Cap Rate:
6.50%
Current Rent:
$243,222
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
4,456 SF
Rent Increases:
10% Every 5 Years
Site Size:
1.71 Acres

Investment Highlights

  • Subject Location Serves as Test Kitchen for Brand
  • Highly Experienced Operators – Celebrity Head Chef Fabio Viviani
  • Majority of Sales Generated by Drive-Thru
  • Strong Personal Guarantees – Net Worth in Excess of $30mm
  • Affluent suburb of Philadelphia
  • Strong Performing Restaurant – Low Rent to Sales

Listing Agents

Connor Shell

Managing Director
407 903 9009
Connor@stream-cp.com

Adam English

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

Phil DiGennaro

Managing Director
203 610 1541
Phil@stream-cp.com

Broker of Record: Mike Antonoplos, Lic #NJ-MJA-8132327

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