4005 Lexington Rd Athens, GA 30605

Listing agency CBRE - Orlando a***@cbre.com Show Phone

Listed by Andrew Jaworski · License #Sl3405473

Source Crexi

Added: Apr 12 Updated: Jul 22 at 1:46PM Checked: Jul 22 at 1:46PM

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Investment Insights

Based on property information with market context.

Marcus & Millichap presents an exclusive sale opportunity: a freestanding Krystal Restaurant constructed in 1994. The property includes 2,626 rentable square feet of building area on an approximately 0.8-acre parcel.

The restaurant is subject to a brand new, 25-year Absolute NNN lease. The starting base rent is $99,025 with 1.0% annual escalations beginning in year six. The lease also includes three successive five-year tenant renewal options, each with annual escalations of 1.0% during the option periods, extending the total potential term to 40 years.

The Franville Corporation will execute the new 25-Year Absolute NNN Lease at close of escrow.

Key Highlights

• Freestanding Krystal Restaurant at 4005 Lexington Rd, Athens, GA, built in 1994
• 2,626 rentable SF building on approximately 0.8‑acre parcel
• Brand new 25‑year Absolute NNN lease in place

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FAQs

What type of property is this?

NNN property - Freestanding Krystal restaurant built in 1994 with a new 25-year Absolute NNN lease and annual rent escalations.

Where is this nnn property located?

The property is located at 4005 Lexington Rd Athens, GA.

What are key features of this property?

This property features: Freestanding Krystal Restaurant at 4005 Lexington Rd, Athens, GA, built in 1994; 2,626 rentable SF building on approximately 0.8‑acre parcel; Brand new 25‑year Absolute NNN lease in place