Retail Space
1002 Jesse Jewell Parkway Gainesville, GA 30501
Details & Description
Price: $928,116
    Marcus & Millichap is pleased to present this exclusive listing of a freestanding Krystal Restaurant located at 1002 SW Jesse Jewell Pkwy in Gainesville, Georgia. The site constructed in 1993 consists of 1,862 rentable square feet of building space and sits on an approximately 0.59 acre parcel of land. Krystal is subject to a brand new, 25-year Absolute NNN lease, the starting base rent shall be $55,687 with 3.5% escalations each Five-year period. There will be three five-year tenant renewal options with 3.5% rental increases 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 Cumming, as a result The Franville Corporation will execute a new 25-Year Absolute NNN Lease at Close of Escrow
    Property Highlights
    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.

    1002 Jesse Jewell Parkway

    Gainesville, GA 30501

    Listing ID: 275524
    • 1002 Jesse Jewell Parkway Gainesville, GA 30501 | for Sale | Photo 1
    • 1002 Jesse Jewell Parkway Gainesville, GA 30501 | for Sale | Photo 2
    1002 Jesse Jewell Parkway | for Sale | Thumbnail 1
    1002 Jesse Jewell Parkway | for Sale | Thumbnail 2
    Building Size: 1,862 SF
    Lot Size: 0.590 AC
    Land Size: 25,700 SF
    Building $/SF: $498.45
    Land $/SF: $36.11
    Price
    $928,116
    Property Highlights
    New 25-Year Absolute NNN Lease To Be Executed at Close of Escrow
    25-Year Absolute NNN Lease - Zero Landlord Responsibilities
    3.5 Rent Escalations Each Five-Year Period
    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 1002 SW Jesse Jewell Pkwy in Gainesville, Georgia. The site constructed in 1993 consists of 1,862 rentable square feet of building space and sits on an approximately 0.59 acre parcel of land. Krystal is subject to a brand new, 25-year Absolute NNN lease, the starting base rent shall be $55,687 with 3.5% escalations each Five-year period. There will be three five-year tenant renewal options with 3.5% rental increases 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 Cumming, 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.
     
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    Gainesville Area Market Trends

    Listing Demographics for 1002 Jesse Jewell Parkway Gainesville, GA 30501

    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.

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    Common Questions and Answers

    What is the asking price for 1002 Jesse Jewell Parkway in Gainesville?
    The asking price for 1002 Jesse Jewell Parkway is $928,116
    What is the building size of this Retail property in Gainesville, GA?
    The size of the building/unit at 1002 Jesse Jewell Parkway in Gainesville is 1,862 square feet
    How much land does the Gainesville, GA property at 1002 Jesse Jewell Parkway include?
    1002 Jesse Jewell Parkway in Gainesville includes 0.590 acres of land
    What kind of Retail is the property at 1002 Jesse Jewell Parkway?
    The property at 1002 Jesse Jewell Parkway Gainesville, GA 30501 is listed as a Food Service Retail property
    What is the population within 1 mile of 1002 Jesse Jewell Parkway in Gainesville?
    The population within 1 mile of 1002 Jesse Jewell Parkway Gainesville, GA 30501 is 9,104 people.
    Who do I contact for questions about 1002 Jesse Jewell Parkway?
    You should contact the listing agent, Andrew Jaworski, for any details regarding this commercial listing.

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