For Sale
$1,357,000

2863 Pio Nono Ave Macon, GA 31206

High-return NNN lease, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
130

Highlights

  • Corporately guaranteed lease by Krystal, a subsidiary of SPB Hospitality, owned by Fortress Investment Group.
  • Krystal operates ~300 locations, aiming for 500 by 2027, with a 2022 AUV of $1.4MM and $309MM in system-wide sales; ranked #15 on QSR's "Top 50 Brands".
  • Absolute NNN lease with zero landlord responsibilities.
  • High visibility on US Highway 41 (Pio Nono Ave), ±18,630 VPD.
  • ~8 years remaining on the base lease term.
  • Strong demographics: 70,300+ residents, average household income exceeding $54,600.

Property Details for 2863 Pio Nono Ave

Property type
Retail properties, Restaurants
Square Feet
2,114 SF
Class
B
Year Built
1962
Buildings
1
Lot Size (sq. ft)
21,780 SF
Units
1

Location Insight

City
Macon
County
Bibb
State
Georgia
Latitude
32.8096952
Longitude
-83.6624794
2863 Pio Nono Ave, Macon, Georgia
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - High-return NNN lease, strong tenant.
Where is the retail property located?
The property is located at 2863 Pio Nono Ave Macon, GA.
What is the asking price?
The asking price for this property is $1,357,000.
What are key features of this property?
This property features: Corporately guaranteed lease by Krystal, a subsidiary of SPB Hospitality, owned by Fortress Investment Group.; Krystal operates ~300 locations, aiming for 500 by 2027, with a 2022 AUV of $1.4MM and $309MM in system-wide sales; ranked #15 on QSR's "Top 50 Brands".; Absolute NNN lease with zero landlord responsibilities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2863 Pio Nono Ave
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