Church's Chicken Sale/Leaseback - Thomasville, GA

Retail-Commercial for Sale
Catylist Listing ID: 30721798
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 1,134 SF
Gross Building Area: See Agent
Sale Price: $915,000
Unit Price: $806.88 PSF
Property Use Type: Investment
Building Name: Church's Chicken Sale/Leaseback
Sale Terms: Undisclosed
Cap Rate: 4.92%
Last Updated: 4/6/2021

Overview / Comments

Beck Partners CRE presents this Sale Leaseback investment opportunity in the growing Thomasville, GA area.​

This is an opportunity to buy into a growing franchisee.​ This is a passive investment, as Church's will execute a 10 year absolute NNN lease offering zero landlord responsibilities at the close of escrow.​ There are 8% rental increases every 5 years in the base term of the lease and throughout the 4 - 5 year options to renew.​

This property sits on the main corridor and is located on a lighted hard corner with a drive-thru. Brands in the market include Wendy’s, Taco Bell, Burger King, Domino's, Popeyes, Arby's, Sonic Drive-In, Captain D's, Dunkin, and Waffle House.​

Additional Details

Nearest MSA: Thomasville
County: Thomas
Tax ID/APN: 006 015008
Zoning: COMMERCIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,324 18,782 24,587
Median Age: 39.25 37.7 38.49
Households: 2,632 7,727 10,004

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