Close of Escrow: Church’s Chicken in Monroe, GA

SIG is pleased to announce the recent Close of Escrow on Church’s Chicken located in Monroe, Georgia.

Investment Highlights Include:

20 Year Absolute Triple Net (NNN) Lease
Strong Rent-to-Sales Ratio
Recently Fully Remodeled Building with $275,000 in Improvements
Multi-Concept, Multi-State Operator With Approximately 30 Years Of Experience
Low Price Point Deal
Over 14% Rent Increase in 2019 and $6,000 Increase Every 5 Years After
Located Next To Carver High School With Over 1,200 Students and Faculty
5-Mile Household Income Over $61,000
Walmart Distribution Center is 3 Miles Away with 1,000 Associates
Excellent Visibility From US 78 With Over 20,000 VPD
Walking Distance From Monroe’s Downtown Historical District
Within 2 Miles to Downtown’s Government Offices, Fire Department and Utilities Offices