S|KSudbrack|KronCommercial Real Estate Services

1,300,000

5.75

NNN

A rare opportunity to purchase a newly constructed 20 year net leased investment. Great highway exit location off I-75 near McDonalds, Burger King, Bojangles and Food Lion. Opening date June 15, 2018. Absolutely NO Landlord responsibilities.
20 Year absolute net lease plus 4-5 year renewal options. Operated and guaranteed by Restaurant Management Inc., LLC a 67 unit Franchisee. Rent increases of 5% every 5 years.

Located in Ringgold Georgia, Catoosa County

66 Poplar Springs Road Ringgold, GA 30736

Absolute NNN - Cap Rate: 5.75% - Lease Type: 20 Yr NNN - Options: 4-5 Yr - Bumps: 5% every 5 yrs -New Construction Opening 06/15/2018