2470 Shorter Ave Rome, GA 30165

This exceptional investment opportunity presents a fee-simple ownership of a Sonic Drive-In restaurant located at 2470 Shorter Ave, Rome, GA 30165. The property boasts 1,566 square feet on a 0.58-acre lot, built in 1994 and renovated in 2020. Currently operating under a 20-year triple-net (NNN) lease, commenced May 23, 2022, and expiring May 31, 2042, this lease offers significant remaining term of approximately 17.5 years. The franchisee tenant provides a strong, stable income stream with an annual net operating income (NOI) of $109,204. The lease includes attractive annual rent bumps of 1.50%, ensuring consistent growth in rental income. The asking price is $1,617,837, representing a compelling cap rate of 6.75% and a price per square foot of $1,033.10. The property benefits from its location in a dense retail corridor, surrounded by major national brands including Walmart, Lowe's, Chick-fil-A, and many others, ensuring high visibility and strong traffic counts exceeding 25,600 vehicles daily on Shorter Ave NW and 15,000 on Redmond Circle. This is a low-maintenance, high-return investment ideal for passive income seekers. 100% occupancy guarantees immediate cash flow.