Property Details

Chicken Salad Chick

Augusta, GA
Property ID: 7672

Financial Summary

Asking Price $1,575,000
Cap Rate 6.10%
Net Operating Income (NOI) $96,000
Lease Type NN
Lease Term Remaining 7 Years
The Offering Memorandum for this property is no longer available.

Contact

Andrew Fallon
Executive Managing Director
703.787.4733
Scott Campbell
Director
703.787.4714

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Highlights

  • Located on a hard corner of a signalized intersection with 37,940 VPD
  • Outparcel to the Kroger anchored Washington Walk Shopping Center
  • Minutes away from Augusta National Golf Club
  • Structured 10% rent increases every 5 years including option periods
  • Average HH income of $82,715 within 3 miles
  • Operations have been recently acquired by SSRG II, LLC, an affiliate of Simply Southern Restaurant Group; operating over 20 Chicken Salad Chick locations throughout the southeastern U.S.
  • Chicken Salad Chick is growing at a pace of 30 to 40 locations annually

Location

2817 Washington Rd
Augusta, GA

Traci BidingerChicken Salad Chick