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1515 East Union Street
Vienna, GA 31092
Asking Price
$1.40M
Cap Rate
7.58%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Single Tenant | Freeway Exit Location <p>5+ Years Remaining on a Double Net Lease With Fee Simple Interest </p><p>Established, High Credit Single Tenant Fast Food Restaurant – Popeyes Operator is an Experienced Multi-Brand Operator Operating More Than 550 Burger Kings and 290 Popeyes. Lease Guarantor is the #1 largest Popeyes Franchisee </p><p>Attractive Rent Increase – Increasing 10% Every Five Years With Recent Increase </p><p>Highway interstate interchange location serving Atlanta metro traveler traffic </p><p>Strategically Locat
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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234
