Shoney's Absolute NNN
For Sale
Contact for pricing
323 Harold G Clarke Parkway, Forsyth, GA 31029
Freestanding restaurant property with an absolute NNN lease and established franchise occupancy.
Property Size5,000 SF
Price / SF$420
Days on Market8
Property Features for 323 Harold G Clarke Parkway
General Information
Standard status
Active
Size
5,000 SF
Class
C
Property subtype
Retail
Zoning
001
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Stabilized
Net Operating Income
$128,702
Building Details
Year Built
1989
Units
1
Tenancy
Single
Listing Agency:
Skyline Seven Real Estate
Listed By:
Elliott Kyle · License #GA 299687
(404) 812-8927
Source:
Crexi
Added: Aug 27
Changed: Sep 3
Last Checked: Sep 3 at 2:30AM
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 Skyline Seven Real Estate
Investment Insights
Based on property information with market context.
This freestanding Shoney's property in Forsyth, Georgia, is subject to an absolute NNN lease with Witherell Enterprises, Inc. The operator has occupied the location since 2013, and the current lease runs through April 22, 2030. Under the lease structure, the tenant handles taxes, insurance, utilities, maintenance, repairs, replacements, and other property-related expenses.
The asset occupies approximately 1.43 acres at 323 Harold G Clarke Parkway and is positioned near Interstate 75. The property was built in 1989 and carries zoning designation 001.
The asset occupies approximately 1.43 acres at 323 Harold G Clarke Parkway and is positioned near Interstate 75. The property was built in 1989 and carries zoning designation 001.
Key Highlights
- Absolute NNN lease extends through April 22, 2030
- Witherell Enterprises, Inc. has occupied the property since 2013
- Freestanding Shoney's restaurant in Forsyth, Georgia
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
149k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 34%
Hotels & Casinos 2%
QuikTrip
Shops & Services
53,746 visits/mo
0.2 miles
Chick-fil-A
Dining
38,387 visits/mo
0.1 miles
Circle K
Shops & Services
32,388 visits/mo
0.1 miles
Shoney's
Dining
12,626 visits/mo
0.1 miles
Shell
Shops & Services
8,017 visits/mo
0.1 miles
Demographics for 31029, GA
17,440
Population
7,006
Households
2.5
Avg Household Size
40
Median Age
26%
College-Educated
91%
High-School Grad
243.7 sq mi
ZIP Area
72
Density / Sq Mi
$79,529
Median Household Income
$40,249
Median Earnings
$884
Median Rent
$226,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding restaurant property with an absolute NNN lease and established franchise occupancy.
Where is this nnn property located?
The property is located at 323 Harold G Clarke Parkway Forsyth, GA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Absolute NNN lease extends through April 22, 2030; Witherell Enterprises, Inc. has occupied the property since 2013; Freestanding Shoney's restaurant in Forsyth, Georgia
