1883 Jonesboro Road

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1883 Jonesboro Road

McDonough, GA 30253
Asking Price
$3.44M
Cap Rate
7%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

7 CAP - New Construction - NNN Restaurant @ Henry Marketplace - 6% Incr. Every 2 Yrs - High Sales <ul><li>​<strong style="color: rgba(6, 34, 57, 1)">New Construction</strong><span style="color: rgba(6, 34, 57, 1)"> - Freestanding 8,400 SF Building | 10 Year NNN Lease to Multi-Concept Asian Restaurant</span></li><li>​<strong style="color: rgba(6, 34, 57, 1)">6% Rent Increases Every Two Years</strong><span style="color: rgba(6, 34, 57, 1)"> Throughout Lease Term | Well Below Market Rent for New Retail Construction - </span><strong style="color: rgba(6, 34, 57, 1)">Only $28/SF</strong></li><li>

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NOI
$80,000
Cap Rate
2.33%
DSCR
0.39
Underwater
Cash-on-Cash
-12.03%
Monthly Payment
$16,994.506
Annual Cash Flow
$-123,934.07

Location & Travel Times