Captain D's Seafood

Highlights

• - Corporate Signed Guaranty
• - 3,062 SF free standing building
• - 100% occupancy
• - Built in 1992
• - Ideal for retail investment
• - Prime location in Decatur area
• - Well-maintained property
• - One unit for single tenant
• - Ample parking space
• - High visibility from Beltline Rd
• - Strong investment opportunity

Description

11 Years Remaining | Annual Increases |Well-Known & Established QSR Brand | The tenant, Captain D’s LLC, recently exercised an early extension option extending the lease an additional 5 years (11 years total), and has 2 (10-year) options remaining, demonstrating their commitment to the site. Corporate Signed Guaranty

• The lease features 1.25% annual rental increases throughout the initial term and option periods, growing NOI and hedging against inflation
• Captain D’s is the nation’s leading fast casual seafood restaurant with 540+ locations nationwide
• Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
• No landlord responsibilities
• Ideal, management-free investment for a passive investor

Primary retail thoroughfare serving the city of Decatur, featuring tenants close by Home Depot, Walmart Supercenter, Target, Ross, ALDI, Kroger, Chick-fil-A, McDonald’s, Taco Bell, Starbucks, and Dutch Bros, all within 1-mile of the site.