Slutty Vegan QSR 10 Yr Sale Leaseback 164 N McDonough St 5,900 SF Retail Building Jonesboro, GA 30236 $2,891,144 CAD ($490.02 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 10 Year Absolute Net Lease QSR Sale Leaseback – 7.0% Cap – 1.5% Annual Esc
- Absolute Net Lease Investment - Zero Landlord Responsibilities
- Historic downtown Jonesboro, GA
EXECUTIVE SUMMARY
Ackerman Retail is pleased to exclusively present an Absolute Net leased Sale-Leaseback for the Slutty Vegan restaurant located in historic downtown Jonesboro, Georgia. This investment offering includes 5,600 sf Slutty Vegan restaurant and catering kitchen located on 1.16 acres offered below recent appraisal. The operator has multiple locations, growing from Atlanta to Dallas to New York.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,900 SF
Building Class
C
Year Built
1930
Price
$2,891,144 CAD
Price Per SF
$490.02 CAD
Cap Rate
7%
NOI
$202,380 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.05
Lot Size
3.00 AC
Zoning
C - Commercial
Parking
25 Spaces (4.24 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Security System
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 13-0241B-00C-002 | Improvements Assessment | $176,248 CAD (2024) |
| Land Assessment | $55,718 CAD (2024) | Total Assessment | $231,966 CAD (2024) |
