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Loco’s Restaurant Sale-Leaseback Opportunity

91 Briarwood Lane, Statesboro, GA, 30548
For Sale

Property Details

  • Price: $1,900,000
  • Property Type: Restaurant
  • Availability: Sold
  • Transaction Type: For Sale
  • Cap Rate: 7.41%
  • Building Size: 4,082 SF
  • Lot Size: 2.09 AC
  • Sale Type: Investment
  • Year Built: 2002
  • Tenancy: Single Tenant

Property Description

Locos Grill and Pub has a proven track record, strong community ties and a prime location . It an attractive investment with potential for continued growth and profitability for years to come.

This location was purposefully built for Loco’s in 2002 and remains a ‘corporate store’ owned and operated by the franchisor today. It is a stable asset in a highly visible and profitable location that has developed a loyal customer base from nearby schools, offices, and businesses, and it continues to reach new customers as a result of its proximity to local hotels.  The current owner has a successful track record with sale/lease back strategy.

The restaurant sits on 2.09 acres with 400’ frontage along Veterans Memorial Highway. Access is via four way signaled intersection of Hwy 301/Route 67. Both roadways see an excess of 23,000 cars AADTV. NEW ROOF installed in Summer 2024.

Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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