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Property profile & analytics
OFF-MARKET Estimated value $775,000
Drive through restaurants

1291 Merchants Dr Dallas, GA 30132-5036

644 SF 0.45 ac lot Built 1994
Entity Owned 1-yr Hold Free & Clear
Property ID
US22-4368368
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1994
Total area 644 SF
Lot 0.45 ac (19,602 SF)
Zoning code C2
APN 139.3.3.005.0000
UPID US22-4368368
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Krystal Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$770k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$775k
Owner & transaction history
Billy Bobs Investments LLC · 1 yrs held
Billy Bobs Investments LLC
since 2025
Last sale
$811,694
4 recorded transactions
2025
$970,000
2022
Price N/A
2022
$811,694
2014
Price N/A
Zoning & alternative use
C2 · Dallas, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source UNIFIED DEVELOPMENT CODE
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