Retail Space
3470 Mundy Mill Road Gainesville, GA 30507
Details & Description
Price: $0
    Marcus & Millichap is pleased to present this exclusive listing of a freestanding Krystal Restaurant located at 3470 Mundy Mill Rd in Gainesville, Georgia. The site constructed in 2001 consists of 2,218 rentable square feet of building space and sits on an approximately 0.81 acre parcel of land. Krystal is subject to a brand new, 25-year Absolute NNN lease, the starting base rent shall be $81,331 with 1.0% annual escalations starting in year six. There will be three five-year tenant renewal options with 1.0% annual rental escalations in each of the five-year option periods, extending the total possible lease term to 40 years. The subject property has displayed strong performance throughout its history in Gainesville, as a result The Franville Corporation will execute a new 25-Year Absolute NNN Lease at Close of Escrow.
    Property Highlights
     Five Years Flat with One-Percent 1.0 Annual Rent Escalations Starting in Year 6
     New 25-Year Absolute NNN Lease To Be Executed at Close of Escrow
    Listing Agents
    Andrew Jaworski

    O: 407-557-3839
    andrew.jaworski@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3470 Mundy Mill Road

    Gainesville, GA 30507

    Listing ID: 275520
    • 3470 Mundy Mill Road Gainesville, GA 30507 | for Lease | Photo 1
    • 3470 Mundy Mill Road Gainesville, GA 30507 | for Lease | Photo 2
    3470 Mundy Mill Road | for Lease | Thumbnail 1
    3470 Mundy Mill Road | for Lease | Thumbnail 2
    Unit Size: 2,218 SF
    Annual Rate/SF: $36.67
    Monthly Price: $6,777.00
    Service Type: NNN
    Lot Size: --
    Land Size: --
    Price
    $36.67 sf/yr
    Property Highlights
    New 25-Year Absolute NNN Lease To Be Executed at Close of Escrow
    25-Year Absolute NNN Lease - Zero Landlord Responsibilities
    Five Years Flat with One-Percent 1.0 Annual Rent Escalations Starting in Year 6
    Tenant Renewal Options Three 3, Five-Year Options
    Located on a Major Thoroughfare
    Description

    Marcus & Millichap is pleased to present this exclusive listing of a freestanding Krystal Restaurant located at 3470 Mundy Mill Rd in Gainesville, Georgia. The site constructed in 2001 consists of 2,218 rentable square feet of building space and sits on an approximately 0.81 acre parcel of land. Krystal is subject to a brand new, 25-year Absolute NNN lease, the starting base rent shall be $81,331 with 1.0% annual escalations starting in year six. There will be three five-year tenant renewal options with 1.0% annual rental escalations in each of the five-year option periods, extending the total possible lease term to 40 years. The subject property has displayed strong performance throughout its history in Gainesville, as a result The Franville Corporation will execute a new 25-Year Absolute NNN Lease at Close of Escrow.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Atlanta History of Retail Space for Lease

    Gainesville Area Market Trends

    Listing Demographics for 3470 Mundy Mill Road Gainesville, GA 30507

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    Demographics Charts
    Demographics Tables

    Common Questions and Answers

    What is the asking price for 3470 Mundy Mill Road in Gainesville?
    The asking price for 3470 Mundy Mill Road is $36.67 a SF per Year
    What is the building size of this commercial Retail property?
    The size of this lease property at '.3470 Mundy Mill Road.' is 2218 square feet
    What kind of Retail is the property at 3470 Mundy Mill Road?
    The property at 3470 Mundy Mill Road Gainesville, GA 30507 is listed as a Food Service Retail property
    What is the population within 1 mile of 3470 Mundy Mill Road in Gainesville?
    The population within 1 mile of 3470 Mundy Mill Road Gainesville, GA 30507 is 2,396 people.
    Who do I contact for questions about 3470 Mundy Mill Road?
    You should contact the listing agent, Andrew Jaworski, for any details regarding this commercial listing.

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