Chicken and Biscuits House QSR NNN Investment
Property Description
For sale is a well-established, 10-year triple net (NNN) lease restaurant building. Originally a Mrs. Winner’s Chicken franchise, this location now operates independently as the popular “Chicken and Biscuit House.” The building features recent upgrades, including a new roof installed in 2024 and a complete interior refresh with fresh paint and all-new flooring in 2023, 2 new HVAC units were installed on the roof in September 2016 by PV Heating & Air of Atlanta GA, 1500 gallon grease interceptor underground.
Lease Details
This is a triple net lease with the tenant responsible for all property expenses, including maintenance, taxes, and insurance. The scheduled annual rent increases over the 10-year term are as follows:
Year 1: $65,664
Year 2: $67,634
Year 3: $69,663
Year 4: $71,753
Year 5: $73,905
Year 6: $76,122
Year 7: $78,406
Year 8: $80,758
Year 9: $83,181
Year 10: $85,676
This property offers an excellent opportunity for stable, long-term income with a reputable tenant and well-maintained building.
Lease Details
This is a triple net lease with the tenant responsible for all property expenses, including maintenance, taxes, and insurance. The scheduled annual rent increases over the 10-year term are as follows:
Year 1: $65,664
Year 2: $67,634
Year 3: $69,663
Year 4: $71,753
Year 5: $73,905
Year 6: $76,122
Year 7: $78,406
Year 8: $80,758
Year 9: $83,181
Year 10: $85,676
This property offers an excellent opportunity for stable, long-term income with a reputable tenant and well-maintained building.
About the Property
- Type
- Retail
- Building Status
- Established
- Current and Prior Use
- The building has always been used as a fast food restaurant.
- Year Built
- 1981
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Current Property Expenses
- 2023 Taxes: $8,713. Property insurance $2,781
Listing Info
- ID:
- 2302645
- Listing Views:
- 768
Listing ID: 2302645 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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