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3101 Canton Road
Marietta, GA 30066
Asking Price
$2.02M
Cap Rate
7%
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 7.00% CAP | 4,700 SqFt <ul><li>Martin's Restaurants is a Metro Atlanta chain known for its fresh, made-from-scratch Southern breakfast and lunch since its founding in 1962. The brand began as "Martin the Burger Boy" in Austell, Georgia and has grown to roughly 20 locations, all committed to their long-standing motto: "Fresh Tastes Best."</li><li>Martin's absolute NNN lease features ±18 years of term remaining with four, 5-year renewal options. On each anniversary of July 1st throughout the initial term and renewal o
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NOI
$80,000
Cap Rate
3.97%
DSCR
0.67
Underwater
Cash-on-Cash
-6.56%
Monthly Payment
$9,971.1
Annual Cash Flow
$-39,653.195
