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1107 North 3rd Avenue, Chatsworth, GA, 30705

Arby’s
$1,350,000

Key Information

Cap Rate
5.92%
Tot. SF
2,996
Lot Size
0.8 Acres
Year Built
2006
Term Remaining
±2 YRS
Type
Retail
NOI
$79,942

Highlights

  • Absolute NNN Lease – 2+ years remaining and 7.5% rent increase in the next option period, which would effectively increase the cap rate to 6.36% at list price
  • Strong Franchisee – Restaurant Management, Inc. (established 1966) operates ±70 Arby’s locations throughout OH, KY, TN, IN, NC, AL, and GA.
  • Three 5-Year Options – Each 5-year option period includes 7.5% rent increases.
  • 20-Year Operating History – Constructed in 2006 and continuously operated by Restaurant Management, Inc.
  • Strong location and just $26.68 PSF in rent! Provides the tenant with a platform for long-term success and profitability.
  • Combined 32,250+ vehicles per day serving the property on North 3rd Ave and Jackson Lake Rd bringing a significant consumer base by the store daily.
  • Chatsworth, GA is the County seat of Murray County (~40,000 residents),concentrating government, legal, and commercial activity that drives consistent weekday traffic and daily dining demand.
  • Located along US-76 serving as the primary east-west connector between Dalton, Ellijay, and regional commuter flows.
  • Positioned within the Dalton MSA, home to 100,000+ residents and a nationally significant manufacturing base supporting stable employment and repeat consumer spending.
  • Acts as a regional hub for surrounding rural communities, capturing dining demand from residents traveling 15–30 miles for retail and national food service options.
  • Gateway to North Georgia outdoor tourism, benefiting from seasonal traffic tied to hiking, camping, and recreation in the Cohutta Wilderness and Blue Ridge Mountains.
  • Surrounding National Tenants include McDonald’s, Taco Bell, Burger King, Wendy’s, Hardee’s, Zaxby’s, Bojangles, Captain D’s, Krystal, Little Caesars, Walgreens, Dollar Tree, Food City Grocer, O’Reilly Auto Parts, Napa Auto Parts, Dollar General, Regions Bank, Title Max, and Key West Inn

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203