1291 Merchants Dr Dallas, GA 30132-5036
This exceptional investment opportunity presents a fee-simple ownership of a Krystal restaurant in Dallas, Georgia. The 644-square-foot building, constructed in 1994, sits on a 0.45-acre lot and is subject to a brand new 25-year absolute NNN lease with a franchisee tenant. The current annual base rent is $67,481, with 1% annual escalations beginning in year six. Three five-year renewal options extend the potential lease term to 40 years. The property boasts a 6.25% cap rate and 100% occupancy. Located in a high-traffic retail corridor, this property benefits from excellent visibility and proximity to major retailers including Ingles, McDonald's, Dollar General, Hardee's, KFC, Burger King, Big Lots, Subway, and Western Union. The property's location also provides easy access to numerous residential communities and various businesses. The permitted zoning is commercial. This is a rare opportunity to acquire a stable, long-term investment with a strong tenant and significant upside potential. The asking price is $1,080,000, resulting in a price per square foot of $1,677.
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Krystal Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Dallas, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.