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Marcus & Millichap is pleased to present this exclusive listing of a freestanding Krystal Restaurant located at 130 GA-61, in Villa Rica, GA. The site constructed in 1996, most recently renovated in 2016, consists of 1,908 rentable square feet of building space and sits on an approximately 1.18 acre parcel of land. Krystal is subject to a brand new, 20-year Absolute NNN lease, the starting base rent shall be $103,677 with 1.00% annual escalations starting in year six. There will be four five-year tenant renewal options with 1.00% annual 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 Villa Rica, as a result The Krystal Company (Corporate) will execute a new 20-Year Absolute NNN Lease at Close of Escrow.
Month | Payment | Principal | Interest | Total Interest | Balance |
---|---|---|---|---|---|
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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.
Total Population | 2,115 | 14,739 | 33,129 | |
Population Median Age | 35 | 35 | 36 | |
Population by Age | 0-9 Yrs | 260 (12%) | 2037 (13%) | 4682 (14%) |
10-19 Yrs | 381 (18%) | 2311 (15%) | 4741 (14%) | |
20-29 Yrs | 270 (12%) | 2075 (14%) | 4774 (14%) | |
30-39 Yrs | 347 (16%) | 2152 (14%) | 4226 (12%) | |
40-49 Yrs | 316 (14%) | 2094 (14%) | 4718 (14%) | |
50-59 Yrs | 209 (9%) | 1693 (11%) | 4167 (12%) | |
60-69 Yrs | 205 (9%) | 1436 (9%) | 3339 (10%) | |
70+ Yrs | 127 (6%) | 942 (6%) | 2482 (7%) | |
Median HH Income | $49,944 | $56,234 | $63,692 | |
Total Household Income | < 24K | 171 (22%) | 1122 (21%) | 1901 (16%) |
25-49K | 212 (27%) | 1247 (23%) | 2635 (22%) | |
50-74K | 146 (19%) | 967 (18%) | 2252 (19%) | |
75-99K | 132 (17%) | 919 (17%) | 1920 (16%) | |
100-199K | 80 (10%) | 793 (15%) | 2409 (20%) | |
200K+ | 23 (3%) | 165 (3%) | 485 (4%) | |
Highest Education Level | No Diploma | 216 | 1410 | 2722 |
Diploma or GED | 475 | 3373 | 7539 | |
Some College | 300 | 2139 | 5140 | |
Assoc. Degree | 114 | 676 | 1599 | |
Bachelors Degree | 128 | 1064 | 2773 | |
Higher Degree | 87 | 567 | 1445 | |
Total Housing Units | 819 | 5,661 | 12,474 | |
--Owner-Occupied | 368 | 3,004 | 8,024 | |
--Renter-Occupied | 396 | 2,208 | 3,579 | |
Owner-Occupied Values | < 100K | 96 | 755 | 1622 |
100-199K | 205 | 1650 | 4472 | |
200-299K | 50 | 377 | 1171 | |
300-399K | 14 | 159 | 492 | |
400-499K | 0 | 23 | 142 | |
500K+ | 3 | 41 | 124 | |
Total Working Age Population | 1,595 | 11,149 | 25,373 | |
In Work Force | 1,112 | 7,628 | 17,143 | |
Not In Work Force | 482 | 3,522 | 8,231 | |
Workforce Employed | 1,052 | 7,169 | 15,972 | |
Workforce Unemployed | 60 | 458 | 1,163 | |
Civlian Workforce | 1,112 | 7,628 | 17,135 | |
Military Workforce | 0 | 0 | 8 | |
Total Households | 765 | 5,213 | 11,603 | |
Family Households | 512 | 3,780 | 8,854 | |
Non-Family Households | 252 | 1,433 | 2,749 | |
Married Couple | 268 | 2,247 | 5,942 | |
Other Family | 245 | 1,533 | 2,912 | |
Married w/Child | 125 | 964 | 2,461 | |
Single Male w/Child | 32 | 213 | 435 | |
Single Female w/Child | 128 | 707 | 1,153 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Georgia | 8,186,453 | +18 | 9,687,653 | +12 | 10,833,472 | +13 | 12,292,423 |
Carroll County | 87,268 | +27 | 110,527 | +9 | 120,119 | +11 | 133,363 |
Douglas County | 92,174 | +44 | 132,403 | +15 | 151,906 | +20 | 182,157 |
Paulding County | 81,678 | +74 | 142,324 | +21 | 172,542 | +21 | 208,525 |