Menu Close
t r a n s l a t e
PROPERTY TYPES
ADDITIONAL OPTIONS
Applebee's Net Lease Investment Opportunity | 6.5% Cap Rate

Dawsonville, GA

This Applebee's is a 4,740 SF newer-store prototype located in Dawsonville, GA, approximately one hour north of Downtown Atlanta. The store is strategically located at a signalized corner across from over 100,000 SF of newly-developed, thriving big box retailers, including The Home Depot, Hobby Lobby, Marshall's, Kroger, Walmart and more, with traffic counts over 27,800 VPD. Within a half mile north are the North Georgia Premium Outlets, a regional discount shopping destination. Directly behind the Applebee's is a Holiday Inn & Suites in the final stages of construction, further demonstrating the sustained and growing traffic drawn to the area. U.S. Census Bureau reports have named Dawson County one of the 100 fastest growing counties in the nation. The county's population has increased more than 31% over the last 10 years and has a 10-year job growth prediction of more than 47% higher than the U.S. average of 33.5%. The Applebee's absolute NNN lease is corporate guaranteed and operated by NRP (Neighborhood Restaurant Partners, LLC), a wholly owned subsidiary of Atlanta based private equity firm, Argonne Capital. NRP operates over 118 Applebee's in AL, FL, GA and TX. Its parent company, Argonne, is also a large franchisee of IHOP, Krystal, On the Border and John Deere locations. The current absolute NNN lease has been recently extended to 16 years with annual rent increases. Due to the COVID-19 environment, the tenant requested the lease extension in exchange for modest rent adjustments, which also reflect a projected lower rent to sales ratio. The subject property is being offered for $2,910,000 at a 6.5% cap rate based on the renegotiated 2021 net operating income of $189,150.

$2,910,000

4,740 SF

  • Street Retail
  • Free Standing Building

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Two Tenant Sherwin-Williams & Advance Auto Parts Center

Powder Springs, GA

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

14,616 SF

  • Vehicle Related

Email Rob Taylor or Nancy Miller, CCIM, MBA for more information
SOLD | Applebee's

Dawsonville, GA

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

4,740 SF

  • Free Standing Building

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Bojangles'

Tullahoma, TN

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

3,808 SF

  • Free Standing Building

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Freestanding Zaxby's Restaurant

Dallas, GA

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

3,195 SF

  • Free Standing Building
  • Restaurant

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Family Dollar Net Lease Investment Opportunity

Atlanta, GA

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

9,107 SF

  • Free Standing Building

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Christian Brothers Automotive

Goose Creek, SC

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

5,057 SF

  • Free Standing Building

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Hardee's

Paris, TN

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

3,037 SF

  • Free Standing Building

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Aspen Square Retail Center

Knoxville, TN

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com. This space is available for lease

20,167 SF

  • Street Retail
  • Strip Center
  • Neighborhood Center

Email Michael Bull, CCIM or Rob Taylor for more information
SOLD | Family Dollar Net Lease Investment | 5.9% Cap Rate

Newport News, VA

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

$2,198,516

8,230 SF

  • Street Retail
  • Free Standing Building

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Napa Auto Parts

Lithonia, GA

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

9,378 SF

  • Free Standing Building

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Dollar General Net Lease Investment | 8% Cap Rate

Moulton, AL

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

$868,920

9,100 SF

  • Street Retail
  • Free Standing Building

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Pizza Hut

Newport, TN

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

2,040 SF

  • Free Standing Building

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Dollar General | Net Lease Investment | 8.3%

West Blocton, AL

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

$745,850

9,014 SF

  • Free Standing Building

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Dollar General Net Lease Investment | 9% Cap Rate

Dequincy, LA

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

11,250 SF

  • Street Retail
  • Free Standing Building
  • Neighborhood Center

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information
SOLD | Family Dollar Net Lease Investment

Sulphur, LA

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

8,000 SF

  • Street Retail
  • Free Standing Building

Email Nancy Miller, CCIM, MBA or Rob Taylor for more information