4788 Jonesboro Rd Union City, GA 30291-1996

This exceptional investment opportunity presents a newly renovated (2024) Checkers and Rally's restaurant in Union City, Georgia. The property boasts a prime location on Jonesboro Road (GA 138), a high-traffic area with over 33,000 cars daily, offering excellent visibility and accessibility. The 800-square-foot building sits on a 0.75-acre lot and includes one gas pump. The property features a 15-year absolute NNN lease with a strong franchisee operator (also operating Popeyes, Tim Hortons, and Moe's) with 7.5% rent increases every five years and two 5-year options. The sale-leaseback structure provides a secure, passive income stream. The property's strong performance is reflected in its 100% occupancy and a substantial net operating income (NOI) of $144,000, resulting in a 6.00% cap rate. The asking price is $2,400,000 ($3,000/sq ft). Union City's strategic location, just 15 minutes south of Downtown Atlanta and near Hartsfield-Jackson International Airport, benefits from significant growth and development, including major corporations and new residential construction. The property is zoned C2 and has one story. This is a rare opportunity to acquire a high-performing, established restaurant with a long-term lease in a rapidly growing market. The strong tenant, high traffic counts, and favorable lease terms make this an attractive investment for discerning buyers. The building was originally constructed in 1985.