- The tenant will execute a brand new 15-year lease which begins at the close of escrow (sale leaseback)
- The lease is corporate guaranteed by Glory Days Grill which has grown to 40 corporate and franchised restaurants in 6 states with more on the horizon
- Attractive $12,000 rental increases every 5 years throughout the initial term, increasing NOI and hedging against inflation
Investment Offering
Macon, GA - Glory Days
3933 Arkwright Road | Macon, GA 31210
$2,783,000
Price5.75%
Cap Rate$160,000
NOI8,177
± SF Offering GLADescription
Location
- Subject property is located directly off Interstate 75 (54,700 VPD) with on/off ramp access making the property easily accessible
- Glory Days is surrounded by hotels including Fairfield Inn, Courtyard Marriott, Residence Inn, Comfort Inn, Holiday Inn, and more
- Across from a prominent retail thoroughfare that includes North Park shopping center and Rivergate shopping center which is anchored by Publix, Kroger, Planet Fitness, Dollar Tree, and more
- Strong tenant synergy promotes crossover shopping to the subject property
- The asset benefits from significant street frontage along Arkwright Road with multiple points of access, providing ease and convenience for customers
Documents & Links
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 Offering Memorandum |  |  |
Contact
Patrick Nutt
Sr Managing Principal & Co-Head of National Net Lease
954.302.7365954.302.7365[email protected]FL #: BK3120739