729 Battlefield Pkwy
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729 Battlefield Pkwy
1,410 SF 4-Star Retail Building Fort Oglethorpe, GA 30742 $2,093,603 CAD ($1,485 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Free-standing building equipped with drive-thru which boosts sales and increases residual value
- Absolute NNN lease provides passive ownership and stable cash flow
- 10% rent increases ever 5 years provides hedge against inflation
- Swig has grown to over 80 locations across seven states with 500+ stores committed within their franchise network
- Fee simple ownership of the building allows for depreciation boosting after-tax returns
- In 2022 the former owner of the Utah Jazz purchased a 75% stake in Swig in a $100+ Million deal
Executive Summary
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this free-standing Swig with drive-thru located at 729 Battlefield Parkway in Fort Oglethorpe, GA. The property is strategically located along Fort Oglethorpe's primary retail corridor with prominent visibility and full access and features a new 15 year Absolute Net lease with excellent rental growth through the lease term and options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,410 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$2,093,603 CAD
Price Per SF
$1,485 CAD
Cap Rate
6.50%
NOI
$136,077 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.59 AC
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0003B-004 | Improvements Assessment | $1,025,749 CAD |
Land Assessment | $855,437 CAD | Total Assessment | $1,881,187 CAD |
PROPERTY TAXES
Parcel Number
0003B-004
Land Assessment
$855,437 CAD
Improvements Assessment
$1,025,749 CAD
Total Assessment
$1,881,187 CAD
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729 Battlefield Pkwy
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