Surcheros - Net Lease Property for Sale
Cartersville, GA
Key Investment Metrics
Price
$2,529,600
Cap Rate
6.3%
Net Operating Income
$158,100
Building Size
2794 SF
Lot Size
2,794 SF
Land Area
0.57 Acres
Remaining Term
13.5 years
Lease Expiration
06/30/2039
Lease Term
15 years
Lease Commencement
07/01/2024
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2005
Occupancy
100%
Tenancy
Single
Rent Increases
2% Annual Increases
About This Surcheros Net Lease Property
This Surcheros NNN (triple net lease) property is located in Cartersville, GA and represents an excellent investment opportunity for commercial real estate investors. The property features 2794 square feet of building space and was built in 2005.
With a cap rate of 6.3%, this Surcheros net lease property offers stable income potential. The asking price is $2,529,600, making it an attractive option for 1031 exchange investors seeking quality Surcheros commercial properties.
Why Invest in Surcheros NNN Properties?
- Stable Income: Surcheros net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Surcheros 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.
Cartersville, GA Market Overview
Located in Cartersville, GA, this Surcheros property benefits from strong local demographics and market fundamentals. The Cartersville area offers excellent visibility and accessibility, making it an ideal location for Surcheros operations and a solid investment for net lease property buyers.