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Dick's Wings & Grill Net Lease Investment | 7% cap rate
Bull Realty is pleased to offer this established NNN lease with Dick’s Wings and Grill in Tifton, GA. This 4,000 SF free standing restaurant, built in 2006, is located on Highway 82 west of Interstate 75. Highway 82 is the major commercial corridor extending into Tifton, GA.
The Dick’s Wings Restaurant opened in 2015 after a building renovation. The family-friendly restaurant seats approximately 65 diners and has a dynamic sports themed décor. The Dick’s Wings concept was on the Top 40 Food Franchises by Franchise Business Review’s Franchisee Satisfaction Survey in 2015.
Tenant: Dick’s Wings and Grill has 24 locations in Florida and Georgia. The restaurant franchise was established in 1994 in Jacksonville, Florida as a family-friendly, sports-themed neighborhood restaurant
NNN lease – landlord responsibilities limited to roof and structure
Store located in Tifton, GA west of Interstate 75 and fronting Highway 82
Nearby retailers along Highway 82 include Walmart, Lowe’s, Longhorn Steakhouse, Olive Garden, Hilton Garden Inn, Day’s Inn and Chick-fil-A
Tifton, GA is a regional hub for central Georgia healthcare and is home to Tift Regional Health System, a hospital system serving 12 counties in South Central Georgia
Strong Daytime Traffic: Tifton, GA is home to Abraham Baldwin Technical College, South Regional College and University of Georgia’s College of Agricultural and Environmental Sciences
Tifton was named the #1 city in Georgia for new restaurant locations during 2014
Offered at $860,000 or a 7.0% cap rate (before percentage rent)