Absolute NNN KFC
1245 Merchants Dr, Dallas, GA 30132
For Sale
$1,950,000
Established restaurant asset with tenant-paid taxes, insurance, and maintenance under a long-term lease.
Property Size2,662 SF
Days on Market95
Property Features for 1245 Merchants Dr
General Information
Standard status
Size
Property subtype
Additional Details
Cap Rate
Building Details
Building Size
Year Built
Listing Agency:
CP Partners
Listed By:
Rachel Kram · License CA #02021048
(415) 515-0181
Source:
Cppcre
Added: Aug 9
Changed: Oct 25
Last Checked: Nov 10 at 6:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CP Partners
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Investment Insights
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The KFC restaurant at 1245 Merchants Dr has operated continuously since 1987 and is subject to an absolute NNN lease. The tenant is responsible for property taxes, insurance, and maintenance, leaving no landlord maintenance or expense obligations described in the lease structure. The initial 20-year term continues through January 2040, with two additional 5-year renewal options that could extend occupancy through January 31, 2050.
The property is positioned within an established retail node in Dallas, GA, across from Merchants Square, an Ingles Markets- and Big Lots-anchored center. The surrounding retail cluster includes Walmart Supercenter, Costco, Home Depot, Kroger, Dollar Tree, Kohl’s, Ross Dress for Less, Marshalls, Target, and Sam’s Club. The nearby center is reported to have 89%+ national credit tenants. The property is offered at a 6.75% cap rate.
The property is positioned within an established retail node in Dallas, GA, across from Merchants Square, an Ingles Markets- and Big Lots-anchored center. The surrounding retail cluster includes Walmart Supercenter, Costco, Home Depot, Kroger, Dollar Tree, Kohl’s, Ross Dress for Less, Marshalls, Target, and Sam’s Club. The nearby center is reported to have 89%+ national credit tenants. The property is offered at a 6.75% cap rate.
Key Highlights
- Absolute NNN lease assigns taxes, insurance, and maintenance to the tenant
- 6.75% cap rate
- Lease runs through January 2040 with two 5‑year renewal options through January 31, 2050
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
114k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 23%
Groceries 17%
Superstores 11%
McDonald's
Dining
29,293 visits/mo
0.0 miles
Ingles
Groceries
19,073 visits/mo
0.2 miles
Big Lots
Superstores
12,081 visits/mo
0.2 miles
Dollar Tree
Shops & Services
9,859 visits/mo
0.2 miles
Burger King
Dining
7,655 visits/mo
0.2 miles
Demographics for 30132, GA
46,580
Population
18,016
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
93%
High-School Grad
102.4 sq mi
ZIP Area
455
Density / Sq Mi
$102,800
Median Household Income
$48,262
Median Earnings
$1,514
Median Rent
$332,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Established restaurant asset with tenant-paid taxes, insurance, and maintenance under a long-term lease.
Where is this nnn property located?
The property is located at 1245 Merchants Dr Dallas, GA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Absolute NNN lease assigns taxes, insurance, and maintenance to the tenant; 6.75% cap rate; Lease runs through January 2040 with two 5‑year renewal options through January 31, 2050
