Little Caesars NNN Property For Sale — Hartwell, GA
1568 Anderson Hwy, Hartwell, GA 30643
This offering presents a unique opportunity to acquire a portfolio of two standalone Little Caesars properties in Hartwell, Georgia, and Elberton, Georgia. Both locations feature a new 5-year absolute NNN lease with 1.5% annual rent increases and renewal options. The leases are guaranteed by an experienced, award-winning 9-location operator. The properties, originally built as Sonic locations in 2005, were renovated in 2012/2013 for Little Caesars at a cost of $123,000 each. The portfolio boasts a strong blended cap rate of 8.3%.
- Address: 1568 Anderson Hwy, Hartwell, GA 30643
- Asking price $1.28M
- 8.30% cap rate
- NOI $106,320
- 5 years remaining
- NNN lease
- Year built: 2005
- Building size: 3,500 SF
- Lot size: 1.05 acres
- Rent increases: 1.5% per year
- Guarantor: Corporate
Location
This Little Caesars property is at 1568 Anderson Hwy in Hartwell, Georgia.
Asset type: QSR