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5446 Highway 20 Northeast, Cartersville, GA , 30121
  • Size SF 2,092
  • Built/Renov2024
  • Price/SF$2,078
  • Lease Start06-01-2024
  • Rent/SF$119.50
  • Lease Type Abs NNN
  • Lot/AC1.00
  • Pop 5MI53,113

4,348,000

  • Cap Rate 5.75%
  • NOI $250,000
  • R. Term/Yrs 13.10
  • Guarantor Franchisee
  • # Units 50
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Affluent suburb location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • 50+ unit franchisee backed

  • ...
  • Brand-new 2024 construction
  • Guthrie’s Chicken will be executing a brand-new 15-year lease with 2 (5-year) options to extend at the close of escrow
  • The lease features 5% rental increases every 5 years
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by GUT USA, LLC (50 units backed)
  • Tenant Guthrie's Chicken
  • Guarantor Franchisee
  • #Units 50
  • Stock Private

Guthrie's is a fast-casual, franchised restaurant chain, best known for being the original Chicken Fingers restaurant. The first location was opened in Haleyville, AL in 1965 by Hal Guthrie and offered a menu of Southern food items. By 1978, the menu adapted to consist primarily of chicken fingers, signature sauce, french fries, coleslaw, and Texas toast, becoming the first to largely center its menu on chicken fingers. This privately owned company has grown to 58 locations across 8 states and employs over 800 people. The company is headquartered in Auburn, AL.

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