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606 South Pierce Street
Alma, GA 31510
Asking Price
$1.45M
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
2,146 SF 2nd Generation QSR, Alma GA <p>The space is vacant and legal possession has been received.</p><p></p><p>The property was acquired following the completion of a build-to-suit for a Popeyes franchisee which recently filed bankruptcy. With the change in circumstances, the seller understands those economics can’t be duplicated today but if there’s interest, I encourage making an offer.</p>
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NOI
$80,000
Cap Rate
5.52%
DSCR
0.93
Underwater
Cash-on-Cash
-1.40%
Monthly Payment
$7,173.809
Annual Cash Flow
$-6,085.706
