Description

1245 Merchants Dr is a KFC retail property for sale at 1245 Merchants Drive in Dallas, GA. The 2,662 SF building is fully occupied, giving investors an established restaurant location with an absolute NNN lease.

Built in 1987, the building sits on 0.87 acres and has 33 parking spaces. KFC has operated at this location since 1987, and KBP Brands is the operator. The lease runs through January 31, 2040, with two successive 5-year renewal options. Under its absolute NNN structure, the tenant is responsible for taxes, insurance, utilities, maintenance, and the roof and structure, placing those property obligations with the tenant rather than the owner.

The Property is directly across Merchants Drive from Merchants Square, an Ingles Markets and Big Lots-anchored center. Walmart Supercenter, Costco, Home Depot, Kroger, and Target are among the retailers within 5 miles, reinforcing the surrounding retail concentration. Wellstar Paulding Medical Center is approximately 2.8 miles away, while downtown Atlanta is 30.6 miles away. For a restaurant investor, the location pairs an operating site with nearby shopping destinations and a broader Atlanta-area connection.

The asking price is $1,950,000, with $131,610 in NOI and a 6.75% cap rate. Those figures frame the acquisition around current income from a fully occupied, single-tenant property rather than a leasing plan. The long lease term and allocation of property expenses give buyers a defined basis for reviewing the income stream, while the established KFC operation and retail setting provide context for the tenant’s continued use of the site.