Freestanding Krystal Restaurant
3470 Mundy Mill Rd Gainesville, GA 30507
3470 Mundy Mill Rd, Gainesville, GA, 30507
Contact for pricing
For Sale
Contact for pricing
Pending
Freestanding restaurant property with a new 25-year absolute NNN lease featuring scheduled annual rent escalations.
Property Size2,218 SF
Lot Size0.81 Acres
Days on Market103
Property Features for 3470 Mundy Mill Rd
General Information
- Standard status
- Pending
- Size
- 2,218 SF
- Lot size
- 0.81 Acres
- Property subtype
- Retail
Listing agency
CBRE - Orlando
(631) 903-7137
Listed by
Andrew Jaworski · License #Sl3405473
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 5:46PM Checked: Jul 22 at 5:46PM
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 CBRE - Orlando
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present an exclusive listing of a freestanding Krystal Restaurant constructed in 2001. The property includes 2,218 rentable square feet of building area on an approximately 0.81-acre parcel. The site is subject to a brand-new 25-year Absolute NNN lease.
Per the lease terms, the starting base rent is $81,331 with 1.0% annual escalations beginning in year six. The lease also includes three five-year tenant renewal options, each with 1.0% annual rental escalations, extending the total possible lease term to 40 years.
The subject property is located at 3470 Mundy Mill Rd in Gainesville, Georgia. The Franville Corporation will execute a new 25-Year Absolute NNN Lease at close of escrow.
Per the lease terms, the starting base rent is $81,331 with 1.0% annual escalations beginning in year six. The lease also includes three five-year tenant renewal options, each with 1.0% annual rental escalations, extending the total possible lease term to 40 years.
The subject property is located at 3470 Mundy Mill Rd in Gainesville, Georgia. The Franville Corporation will execute a new 25-Year Absolute NNN Lease at close of escrow.
Key Highlights
- Freestanding Krystal Restaurant at 3470 Mundy Mill Rd, Gainesville, GA
- 2001‑built property with 2,218 rentable SF on an approx. 0.81‑acre parcel
- Brand new 25‑year Absolute NNN lease at close of escrow
Property Analytics
Location Intelligence
Current Use by Public Records
Krystal
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freestanding restaurant property with a new 25-year absolute NNN lease featuring scheduled annual rent escalations.
Where is this conventional restaurant located?
The property is located at 3470 Mundy Mill Rd Gainesville, GA.
What are key features of this property?
This property features: Freestanding Krystal Restaurant at 3470 Mundy Mill Rd, Gainesville, GA; 2001‑built property with 2,218 rentable SF on an approx. 0.81‑acre parcel; Brand new 25‑year Absolute NNN lease at close of escrow
