Huey Magoo's - Net Lease Property for Sale
Macon, GA
Key Investment Metrics
Price
$3,200,000
Cap Rate
6.3%
Net Operating Income
$200,000
Building Size
2857 SF
Lot Size
2,857 SF
Land Area
1.32 Acres
Remaining Term
15 years
Lease Term
15 years
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2016
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Huey Magoo's Net Lease Property
This Huey Magoo's NNN (triple net lease) property is located in Macon, GA and represents an excellent investment opportunity for commercial real estate investors. The property features 2857 square feet of building space and was built in 2016.
With a cap rate of 6.3%, this Huey Magoo's net lease property offers stable income potential. The asking price is $3,200,000, making it an attractive option for 1031 exchange investors seeking quality Huey Magoo's commercial properties.
Why Invest in Huey Magoo's NNN Properties?
- Stable Income: Huey Magoo's net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Huey Magoo's is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Macon, GA Market Overview
Located in Macon, GA, this Huey Magoo's property benefits from strong local demographics and market fundamentals. The Macon area offers excellent visibility and accessibility, making it an ideal location for Huey Magoo's operations and a solid investment for net lease property buyers.