Marcus & Millichap is pleased to present this exclusive listing of a freestanding Krystal Restaurant located at 130 GA 61, in Villa Rica, GA. The site constructed in 1996, most recently renovated in 2016, consists of 1,908 rentable square feet of building space and sits on an approximately 1.18 acre parcel of land. Krystal is subject to a brand new, 20 year Absolute NNN lease, the starting base rent shall be $103,677 with 1.00% annual escalations starting in year six. There will be four five year tenant renewal options with 1.00% annual rental increases in each of the Five year option periods, extending the total possible lease term to 40 years. The subject property has displayed strong performance throughout its history in Villa Rica, as a result The Krystal Company (Corporate) will execute a new 20 Year Absolute NNN Lease at Close of Escrow.
New 20 Year Absolute NNN Lease To Be Executed at Close of Escrow
20 Year Absolute ( Lease Zero Landlord Responsibilities