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72 E Franklin St, Hartwell, GA, 30643

Popeyes
$1,885,714

Key Information

Cap Rate
7%
Tot. SF
2,340
Year Built
2022
Term Remaining
±11 YRS
Type
Retail
NOI
$132,000

Highlights

  • ABSOLUTE NNN LEASE – 11+ Years Remaining and Three, 5-Year Options.
  • 10% RENT INCREASES – Provides a strong hedge against inflation.
  • ESTABLISHED FRANCHISEE – PSP Holdings (±40 Units), founded in 2004.
  • STRONG HOUSEHOLD GROWTH PROJECTIONS – Hart & neighboring counties expected to absorb 20 – 40k new residents by 2040.
  • 27,000+ VEHICLES PER DAY – Strong traffic counts provides consistent customer base.
  • LAND AND BUILDING OWNERSHIP – Capture depreciation with fee simple ownership.
  • PRIME LOCATION SURROUNDED BY NATIONAL RETAILERS – Strategically located near major national retailers including Starbucks, McDonald’s, Taco Bell, Arby’s, Bojangles, Shell, Exxon, Chevron, and CVS, driving consistent traffic to the area.
  • PROXIMITY TO MAJOR DESTINATION – Located West of Lake Hartwell, attracting an estimated 14 million visitors annually and generates approximately $150 million in tourism.
  • UPCOMING FRANKLIN STREET MIXED-USE DEVELOPMENT – Proposed mixed-use project featuring restaurants, apartments, and a hotel is poised to significantly increase area traffic and expand the local consumer base.
  • CLOSE TO MAJOR EDUCATIONAL INSTITUTIONS – Situated just 0.6 miles from Hart County High School, Hart County Middle School, and the Hart County College and Career Academy, offering high visibility and consistent daytime population.

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203