Krystal 1045 Ellis Avenue

Total Page:16

File Type:pdf, Size:1020Kb

Krystal 1045 Ellis Avenue OFFERING MEMORANDUM Actual Location Doug Aronson Broker of Record Krystal Senior Managing Director Steven R. Reisig SLN Capital Markets SRSA Commercial Real Estate, Inc. License # 20846 1045 ELLIS AVENUE 757.282.6510 (Virginia) | 561.220.5750 (Florida) JACKSON, MS 39209 [email protected] CONTACT US CONFIDENTIALITY OFFERING & DISCLAIMER STATEMENT PROCEDURE This confidential memorandum contains selected information pertaining to the Offers should be submitted in the form of a standard non-binding Letter of Intent business and affairs of the Property and has been prepared by S.L. Nusbaum Realty and must specify the following: Co. primarily from information supplied by the Owner and sources deemed reliable, but not guaranteed. It does not propose to be all-inclusive, nor does it contain all the . Price (Call for pricing guidance) information which a prospective purchaser may require or desire. Neither the Owner, . Length of Inspection Period nor any of its officers, directors, employees or agents, nor S.L. Nusbaum Realty Co. Lengthf o Closing Period makes any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential memorandum or any of its contents, and no legal . Amount of earnest money deposit at execution of a Purchase and Sale Contract liability is assumed or is to be implied by any of the aforementioned with respect . Amountf o additional deposit upon expiration of Inspection Period thereto. Prospective offers are advised to verify the information independently. The Owner reserves the right to change the price or any information in this memorandum, or to withdraw the Property from the market at any time, without notice. This Doug Aronson Broker of Record confidential memorandum shall not be deemed an indication of the state of affairs of Senior Managing Director Steven R. Reisig the Property or the Owner since the date of preparation of this memorandum. By SLN Capital Markets SRSA Commercial Real Estate, Inc. your receipt of this confidential memorandum, you agree that the information License # 20846 contained herein is of confidential nature and you will not disclose this memorandum 757.282.6510 (Virginia) | 561.220.5750 (Florida) or any part of its contents to any other person, firm or entity without prior [email protected] authorization from S.L Nusbaum Realty Co. S.L. NUSBAUM Realty Co. 1700 Wells Fargo Center 440 Monticello Avenue Norfolk, VA 23510 757.627.8611 | slnusbaum.com TABLE OF CONTENTS ABOUT THE ASSET FINANCIAL SUMMARY TENANT OVERVIEW PAGE PAGE PAGE 4 5-6 7-8 MARKET OVERVIEW AERIAL MAPS DEMOGRAPHICS PAGE PAGE PAGE 9 10-11 12 ABOUT SLN THE TEAM PAGE PAGE 13 14 PRICE: $667,000 ABOUT THE ASSET CAP RATE: 6.00% SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to exclusively market for sale the property leased to Krystal located at 1045 Ellis Avenue, Jackson, MS. The Krystal restaurant, which includes a drive-thru, is an approximately 2,051 SF building sitting on .45 acres. It is located one mile off I-20 and is in walking distance to Westland Plaza shopping mall, Provine High School, Hardy Middle School and several residential neighborhoods. This Krystal property has approximately 10 years of initial term left on its lease along with six, 5-year options. 4 PRICE: $667,000 FINANCIAL SUMMARY CAP RATE: 6.00% Net Operating Income (NOI) $40,000 Land Area 0.45 AC Building Size 2,051 SF Year Built 1984 (renovated in 2015) Tenant Name Krystal Guarantor Corporate Ownership Type Fee Simple Lease Type NNN INVESTMENT HIGHLIGHTS Landlord Responsibilities None > Low price point deal Rent Commencement October 16, 2015 > 10-year NNN lease Lease Expiration May 31, 2030 > No landlord responsibilities > High-volume store Increases See Page 6 > Located near neighborhoods and schools Options Six (6), 5-Year > One of the longest-running restaurant chains in America 5 PRICE: $667,000 FINANCIAL SUMMARY CAP RATE: 6.00% RENT SCHEDULE LEASE YEAR ANNUAL RENT MONTHLY RENT 06.01.20 – 05.31.23 $40,000.00 $3,333.33 06.01.23 – 05.31.24 $40,800.00 $3,400.00 06.01.24 – 05.31.25 $41,616.00 $3,468.00 06.01.25 – 05.31.26 $47,575.31 $3,964.61 06.01.26 – 05.31.27 $48,051.06 $4,004.26 06.01.27 – 05.31.28 $48,531.57 $4,044.30 06.01.28 – 05.31.29 $49,016.88 $4,084.74 06.01.29 – 05.31.30 $49,507.06 $4,125.59 Options Tenant has six (6) 5-year options with the annual rent increasing by 1% over the previous year’s rent. 6 TENANT OVERVIEW Krystal is an iconic American fast-food restaurant chain headquartered outside Atlanta, Georgia. It is known for its small square hamburgers with steamed onions. In 2020, Fortress Investment Group, a New York based private equity firm with approximately $43.5 billion of assets under management, purchased the Krystal chain. There are approximately 300 units in the southeast including Mississippi, Kentucky, South Carolina, Georgia, Florida, Arkansas, Alabama, Louisiana and Tennessee. 7 TENANT OVERVIEW Krystal Announces New Ownership The Original Quick-Service Restaurant Chain Reveals New Equity Partners ATLANTA - May 22, 2020: Krystal Restaurants LLC is pleased to announce that it has been acquired by funds managed by affiliates of Fortress Investment Group LLC (”Fortress”) and its operating partner, Golden Child Holdings, effective Monday, May 18, 2020. “The new partnership is excited to continue growing the brand, maintaining an overriding focus on enhancing customer experience,” said Angela Johnson, VP of Marketing for Krystal Restaurants, LLC. “Even during this unusual time, our iconic brand continues to perform well, and we see exceptional opportunities for growth looking ahead.” Krystal filed for bankruptcy in January 2020, and as part of the reorganization process, the company was marketed for sale, with Fortress emerging as the successful acquirer of the business. Both Fortress and Golden Child have strong ties to Atlanta, the South and the Krystal brand. Founded in 1998, Fortress Investment Group is a global investment manager with offices in Atlanta and approximately $43.5 billion of assets under management (as of Dec. 31, 2019). Golden Child is an active investor and manager in the restaurant sector and has extensive turnaround experience. Effective immediately, Thomas Stager, will take over operations as President. Mr. Stager is a tenured restaurant leader and operator who has led successful turnaround assignments in both franchisee and franchisor sectors with large brands including Pizza Hut and Arby’s. He replaces former President and COO Tim Ward, who along with former CFO Bruce Vermilyea, are no longer with the Company. More company plans will be announced in the near future. About Krystal Restaurants LLC Founded in Chattanooga, Tennessee, in 1932, Krystal Restaurants LLC is the original quick-service restaurant chain in the South and was selected to USA Today’s 2019 Top-10 Best Regional Fast-Food List. Krystal hamburgers are still served fresh and hot off the grill on the iconic square bun at 300 restaurants in 10 states. Krystal’s Atlanta-based Restaurant Support Center serves a team of over 6,000 employees. For more information, visit krystal.com 8 MARKET OVERVIEW MARKET OVERVIEW Jackson is the capital and most populous city of Mississippi with an estimated metro population of 595,000 in 2019. The city is nicknamed the “City with Soul” because of its rich history and southern culture steeped in the arts with plentiful musicians, painters and photographers. It is named after Andrew Jackson, the 7th president of the United States. MSA Virginia Beach Jackson is the anchor for the Jackson, Mississippi Metropolitan Statistical Area. It is the state's 2nd largest metropolitan area, because four counties in northern Mississippi are part of the Memphis metropolitan area. With a 2019 population estimated at 595,000, metropolitan Jackson is home to about one-fifth of Mississippi's population. LOCATION DISTANCE DRIVING TIME Hattiesburg, MS 93 Miles 1.5 Hours New Orleans, LA 186 Miles 2.5 Hours Memphis, TN 212 Miles 3 Hours 9 AERIAL MAP CAMELOT APARTMENTS (287 UNITS) ROBINSON ROAD ROAD ROBINSON WESTLAND PLAZA V - 7,000 VPD SITE HARDY MIDDLE SCHOOL ELLIS AVENUE - 13,000 VPD THE VINTAGE APARTMENTS (175 UNITS) PROVINE HIGH SCHOOL 10 AERIAL MAP THE VINTAGE APARTMENTS (175 UNITS) CAMELOT APARTMENTS (287 UNITS) WESTLAND PLAZA ROBINSON ROAD – 7,000 VPD V SITE 1.7 MILES = 6 MINUTE DRIVE JACKSON STATE UNIVERSITY JOHN R. LYNCH STREET (5,300 STUDENTS) 11 DEMOGRAPHICS POPULATION 1 MILE 3 MILE 5 MILE 2020 Total 9,586 57,296 114,061 2025 Projected Total 9,189 55,203 110,369 HOUSEHOLDS 1 MILE 3 MILE 5 MILE 2020 Total 3,657 19,387 40,941 2025 Projected Total 3,517 18,654 39,662 AVERAGE HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE 2020 Total $38,718 $38,319 $46,003 2025 Projected Total $41,940 $41,268 $50,185 12 SLN CAPITAL MARKETS ABOUT SLN CAPITAL MARKETS SLN Capital Markets, a division of S.L. Nusbaum Realty Co., specializes in the sale and S.L. NUSBAUM REALTY CO. SERVICE LINES purchase of single and multi-tenant net leased (NNN) properties, primarily leased long term to national and creditworthy tenants. We work with both private and institutional investors in the acquisition and disposition of their assets and advise and counsel Real Estate Development Leasing Accounting accordingly based on their needs. We employ the latest technology and provide up-to-date research to effectively market properties both nationally and internationally. Mixed-Use Development Retail/Shopping Centers Corporate Accounting and Payroll Commercial Development Office/Industrial Third Party Management/Accounting SLN Capital Markets is a one-stop source for: Multifamily Development Multifamily Third Party Accounting/Bookkeeping .
Recommended publications
  • Partner Handbook & Teacher Resource Guide
    Greater Hall Chamber of Commerce Greater Hall Chamber of Commerce Education Division 230 E.E. Butler Parkway P.O. Box 374 Gainesville, GA 30503 www.greaterhallchamber.com Revised Summer 2014 Partner Handbook & Teacher Resource Guide Table of Contents ~Introduction and Mission of PIE ——————————————————1 ~Partnerships...What is PIE and How do I get involved? ————————--2 ~ Frequently Asked Questions ———————————————————-3 ~How Business Partners Can Help Their Partners?—————————–— 4 ~How Schools Can Help Their Partners?———————————————-5 ~Program Benefits ———–——————————————————–—-- 6 ~Center Point Mentor Job Description —–—-—————————————7 ~Junior Achievement ————————–—————————————–—8 ~School Contact Information ————----———-———————–—–--9-11 ~Gainesville City Schools-Profile–-—————————–———-—–——–12 ~Hall County Schools-Profile————————————–——————--13 ~Partnership Agreement Form--————————————————-14-15 ~Partners-At-Large ———————————————————————16 ~Business Partners ———————————————————–——-17-21 ~Educator Resources ——–——-—————————————–—–—22-37 ~Important Dates————————————————————————38 “Never doubt that a small group of committed people can change the world. Indeed, it is the only thing that ever has.” ~~ Margaret Mead Introduction and Mission ~Introduction~ Partners in Education, created and coordinated by the Greater Hall Chamber of Commerce, is a joint effort with the Chamber of Commerce, Hall County and Gainesville City School Systems. Established in 1990, the program has supported the formation of over 250 business-education partnerships which serve to enrich the educational process and strengthen our schools. These partnerships foster closer links between schools and the business community and are essential in preparing a better educated workforce, thereby supporting economic development. The program helps to bridge the gap between the community and its schools for the mutual benefit of students and the residents of Gainesville-Hall County. Business partners engaged in the program will gain firsthand experience along with many benefits the program offers.
    [Show full text]
  • Route C Route B Route A
    A B C D E F G H I J K L M N O P NORTH TO SEVIERVILLE DOLLYWOOD PARKS BLVD. JAYELL RD. JAYELL SEVIERVILLENORTH TO 1 1 CITY Dollywood LIMITS HOLLOW McCARTER CITY VETERANS BLVD. LIMITS VETERANS BLVD. J INDIANA AVE. A FREE SHUTTLE K E T HILLIS DR. OVERFLOW PARKING H O Welcome M 0 Ripken Experience A 2 Center LAZY LN. S TEASTER LN. RD. GOLDRUSH MAPLELN. 2 405 Jake Thomas Road R D VETERANS BLVD. TEASTER LN. MUSIC RD. Motorcoach Entrance PIN OAK VIEW DR. TEASTER LN. PLAZA DR. TEASTER LN. Patriot Municipal LeConte Park ROUTE C SHOWPLACE BLVD. Parking Lot SUGAR HOLLOW RD. Center HITCHING POST RD. Riverwalk Trail Pigeon Forge Fun DOLLYWOOD LN. Time Trolley McMAHAN RD. RD. VALLEY SPRING 1 LITTLE PIGEON RIVER 3 SUNSET DR. OLDMILL AVE. HUSKEY ST. 3 APPALACHIA DR. 2 CHRISTMAS TREE LN. N. RIVER RD. LITTLE PIGEON RIVER S. RIVER RD. SMOKY DR. 2A N. RIVER RD. EAST WEARS VALLEY RD. VALLEY WEARS EAST THE ISLAND DR. ISLAND THE Information 2B Center JAKE THOMAS RD. THOMAS JAKE FRANCES AVE. FRANCES CITY LITTLE PIGEON RIVER GARLANDAVE. LIMITS 3 US 441 - PARKWAY 4 OGLEDR. 7 ST. JEHU GOLF DR. GOLF 5 6 LN. CONNER HENDERSON CHAPEL RD. METHODIST ST. 10 4 US 441 - PARKWAY RD. CREEK MILL E. 4 Public Library MCGILL ST. 8 FLORENCE DR. SOUTH TO Pigeon Forge Bowling Center GATLINBURG LAFOLLETTE CIR. ST. WILLOW AND WALDENS MAIN ST. MAIN WALDENS Community Center ST. PICKEL CITY PARK DR. Pigeon Forge U.S. Post ST. EMERT COMMUNITY CENTER DR.
    [Show full text]
  • OTR Newsletter
    OFFICIAL NEWSLETTER OF TAMPA INTERNATIONAL AIRPORT ontheRADAR SEPTEMBER 2016 Blue Arrivals/ Departures curbsides to close nightly due to construction Beginning Sept. 6 through early 2017, Tampa the new rental car center with the Main Terminal. During International Airport will close the blue side arrival this process, there can be no activity underneath. and departure curbsides from 8 p.m. to 4 a.m. for construction of the SkyConnect guideway. The Airport will dry-run the closures the nights of Sept. 6 and 7 and make any necessary changes to plans to This closure affects passengers on American, Delta, ensure smooth traffic flow, as is typically done with all JetBlue and United. During this time, all pick-ups and construction likely to impact passengers. Construction drop-offs for those airlines will be directed to Short is scheduled to begin the night of September 8. n Term Parking. Other ground transportation options, including taxis and hotel shuttles, will not be affected. • Guests should park in the Short Term Parking garage and take the blue elevators to baggage claim to meet their travelers. Parking fees will be waived for drop-offs and pick-ups. • Crews will temporarily stop work and operations will return to normal during the Thanksgiving and winter holidays, as well as the National College Football Championship in January. • Drivers are asked to closely observe all posted speed limits and watch for directional signage. The closures are necessary to ensure the safety of guests, employees and tenants while crews lift steel beams that The Airport will close the roadways in front of Blue Arrivals and Departures weight up to 146,000 pounds – about the weight of a to allow for steel beams, some weighing as much as 146,000 pounds, to Boeing 737-700 – and pour concrete over the roadways be placed into position on the SkyConnect Guideway.
    [Show full text]
  • Nnn Restaurant Investment - Below Market Lease Rate 204 E Nine Mile Rd Pensacola, Fl 32534
    7.1% CAP - NNN RESTAURANT INVESTMENT - BELOW MARKET LEASE RATE 204 E NINE MILE RD PENSACOLA, FL 32534 Bryan Morelock Advisor 251.979.0553 [email protected] SVN | SOUTHLAND COMMERCIAL | 120 EAST MAIN STREET, SUITE D, PENSACOLA, FL 32502 OFFERING MEMORANDUM PROPERTY INFORMATION 1 Property Summary Photos - Exterior LOCATION INFORMATION 2 Location Maps Regional Map Trade Map Arial Map TENANT INFORMATION 3 The Juicy Crab DEMOGRAPHICS 4 Demographics Map ADVISOR BIOS 5 Bryan Morelock 7.1% CAP - NNN RESTAURANT INVESTMENT - BELOW MARKET LEASE RATE | 204 E NINE MILE RD, PENSACOLA, FL 32534 OFFERING MEMORANDUM 1 PROPERTY INFORMATION 204 E Nine Mile Rd Pensacola, FL 32534 7.1% CAP - NNN RESTAURANT INVESTMENT - BELOW MARKET LEASE RATE | 204 E NINE MILE RD, PENSACOLA, FL 32534 SVN | SouthLand Commercial | Page 3 Property Summary OFFERING SUMMARY PROPERTY OVERVIEW Sale Price: $1,350,000 This property is is listed at a 7.1% CAP rate with a Net Operating Income of $96,000 Annually. The lease is an investment grade 5 year term, NNN lease NOI $96,000 with 2% rental increases built in annually starting in year 3. The Juice Crab restaurant tenant is part of a 10 unit franchise restaurant group located Lease Type Triple Net (NNN) throughout the Southeast. The concept is aggressively growing and focusing on new areas from Pensacola to Jacksonville. Landlord Obligations Roof and Structure Only LOCATION OVERVIEW Rent Increase 2% Annually* This property is located in one of the fastest growing areas of Pensacola, FL along 9 Mile Road near Hwy 29. 9 Mile road is one of the major thoroughfares Lot Size: 1.2 Acres connecting Santa Rosa and Escambia Counties.
    [Show full text]
  • Bojangles' Corporate Guarantee
    BOJANGLES' CORPORATE GUARANTEE Representative Photo OFFERING MEMORANDUM RINGGOLD, GEORGIA | CHATTANOOGA MSA EXCLUSIVELY LISTED BY: JOSEPH BLATNER Senior Vice President 503.200.2029 [email protected] BOJANGLES’ | RINGGOLD, GA CONFIDENTIALITY DISCLAIMER The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided.
    [Show full text]
  • 2015 Annual Report Contents 3 2 Graduationgraduation 5Th Presidential 17 Inauguration Abed Kinan: Positively Charged
    Dutchess Community College Dutchess Community College Foundation . I T Y O N U U R M C M O O 2015 L C L ANNUAL E R G U REPORT E O . O E U R R U F T U 2015 ANNUAL REPORT CONTENTS 3 2 GraduationGraduation 5th Presidential 17 Inauguration Abed Kinan: Positively Charged 21 Alteronce Gumby: Getting into Character 26 Charles E. Conklin: Lessons in E-TECHE-Tech Generosity 1618PartnershipsPartnerships James F. Hall Legacy Society 29 25Make an Impact Dutchess Community College DCC Foundation Message from the President ..............................................1 Message from Foundation Leadership ..........................24 Inauguration ........................................................................2 Ways to Give .....................................................................25 Vision, Mission ....................................................................4 Lessons in Generosity......................................................26 Awards & Accomplishments .............................................. 5 Planned Giving ..................................................................28 Campus News ......................................................................8 The Legacy Society ..........................................................29 Our Community ..................................................................11 Annual Gala ......................................................................30 The Fine Print ................................................................... 14 Lifelong Connection .......................................................
    [Show full text]
  • COVID-19 Tennessee Pledge Reopening Information Please Be Advised That This Information Can Change at Any Time Contact Each
    COVID-19 Tennessee Pledge Reopening Information Please be advised that this information can change at any time Contact each business directly for the most current information Updates as of 1 pm ET on 5.1.20 Business Opening Hours of operation Dine In Carry Out Delivery Drive Thru The 50's Diner 11:30 am - 5 pm Yes Yes No No Alamo Steakhouse 5/20/20 11 am - 9 pm Yes Yes No No Arbys Roast Beef Restaurant 10 am- 11 pm Yes No Door Dash/Uber Eats Yes Baskin Robbins Ice Cream 11 am-10 pm Bennetts BBQ 5/14/20 11 am - 9 pm Yes Yes No No Big Daddy Pizzeria 5/18/20 11 am - 9 pm Yes Yes No No Blue Moose Burgers & Wings 11 am - 8 pm Yes Yes Yes No Bojangles 5:30 am - 10 pm No No Only Brick & Spoon 7 am - 2 pm Yes Bullfish Grill 12 am - 8 pm Yes No No Burger King -2560 Parkway 6 am - 10 pm No No Only Burger King - 2550 Veterans Blvd 6 am - 9 pm Yes No Yes Calhouns 11 am - 9 pm Yes Yes No No Carino's Italian 12 am - 8 pm Yes No No Cheddar's Scratch Kitchen 11 am - 8 pm Yes No No Cici's Pizza 11 am - 9 pm Yes Uber Eats No Cracker Barrel North 8 am - 8 pm Yes No No Cracker Barrel South 8 am - 8 pm Yes No No Denny's Diner 7 am - Midnight Yes Grubb Hub/Door Dash No Dominos Pizza 10 am - 12 am Yes Yes No El Ranchero Loco Mexican Restaurant 11 am - 10 pm Yes No No Firehouse Subs Mon - Sat 10:30 am - 9 pm Sun 10:30 am - 8 pm Yes Yes No No Fusion Café 11 am - 9:30 pm Yes Yes No Geno's Pizza 11 am - 1 am Yes No Yes Hard Rock Café 11 am - 8 pm Yes Grubb Hub Curbside Honeybaked Ham 10 am - 6 pm Yes No No IHOP 8 am - 5 pm Yes Uber Eats/Door Dash No Iron Boar Saloon
    [Show full text]
  • Pizza Hut Is the World's Leading Casual Dining Chain
    Information herein is as of 4/22/08 ThisThis presentationpresentation willwill includeinclude forward-lookingforward-looking statementsstatements thatthat reflectreflect management’smanagement’s expectationsexpectations basedbased onon currentlycurrently availableavailable data.data. However,However, actualactual resultsresults areare subjectsubject toto futurefuture eventsevents andand uncertainties.uncertainties. TheThe informationinformation inin thethe presentationpresentation relatedrelated toto projectionsprojections oror otherother forward-lookingforward-looking statementsstatements maymay bebe reliedrelied onon subjectsubject toto thethe safesafe harborharbor statementstatement postedposted onon ourour WebWeb site:site: www.yum.com.www.yum.com. Today’s Agenda WelcomeWelcome .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. TimTim JerzykJerzyk OpeningOpening RemarksRemarks .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. DavidDavid NovakNovak DrivingDriving SustainedSustained GlobalGlobal GrowthGrowth .. .. .. .. .. .. Rick Carucci YRIYRI GrowthGrowth StrategyStrategy .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. GrahamGraham AllanAllan BREAKBREAK TacoTaco BellBell .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. GregGreg CreedCreed PizzaPizza HutHut .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ScottScott BergrenBergren KFCKFC
    [Show full text]
  • Krystal People
    4th Quarter, zooo lies in our people KRYSTAL COWORKERS SHARE THEIR STORIES Krystal People: Our Most Valuable Asset by Roger Rendin, vice president of Human Resources s you will observe in this edition of the Gazer, we have beaten all the largest have dedicated a good deal of space and time to companies in the United Ahonor our most valuable asset, the people that States! make up the Krystal community. I hope that as you read While these statistics are this magazine, you gain a sense of pride in who we are a source of pride, they don't and what we have accomplished. touch on the many accom­ The people of Krystal have built a great brand and a plishments of the Krystal great company in the past 68 years. That fact is obvious family and the uniqueness to anyone who has visited us. Not everyone is aware, of our company. Our educa­ however, of the truly outstanding employees that we all tional achievements include Ph.D. and master's degrees, work with side by side every day. This issue will tell you but we have many, many individuals who have used the more about whom we are and introduce you to some of Krystal experience to be their education beyond or in the members of our team. place of formal education. Most important of all is that Who are the people of Krystal? There are more than they are still learning. We have Krystal people who have 10,000 of us who make up The Krystal Company, and flown F-14s, been shot in Vietnam, played professional about another 5,000 people in our franchise community.
    [Show full text]
  • Krystal Reposition | Redevelopment Opportunity
    1 Krystal Reposition | Redevelopment Opportunity Property is Directly Adjacent to Direct Access to the 2068 N Druid Hills Road NE Peachtree Creek Greenway Project Atlanta, GA 30329 2 SANDS INVESTMENT GROUP EXCLUSIVELY MARKETED BY: DOUG ROLAND WALTER PARKER AMANDA REEVES CLIFTON MCCRORY ANDREW ACKERMAN Lic. # 269049 Lic. # 106557 Lic. # 307133 Lic. # 99847 Lic. # 311619 706.814.2217 | DIRECT 864.593.0021 | DIRECT 843.608.9585 | DIRECT 540.255.5496 | DIRECT 770.626.0445 | DIRECT [email protected] [email protected] [email protected] [email protected] [email protected] 1501 Johnson Ferry Road, Suite 200 Marietta, GA 30062 844.4.SIG.NNN www.SIGnnn.com In Cooperation With Sands Investment Group Atlanta, LLC - Lic. # 67374 3 SANDS INVESTMENT GROUP TABLE OF CONTENTS 04 06 07 12 14 INVESTMENT OVERVIEW LEASE ABSTRACT PROPERTY OVERVIEW AREA OVERVIEW TENANT OVERVIEW Investment Summary Lease Summary Property Images City Overview Tenant Profile Investment Highlights Rent Roll Location, Aerial & Retail Maps Demographics © 2019 Sands Investment Group (SIG). The information contained in this ‘Offering Memorandum,’ has been obtained from sources believed to be reliable. Sands Investment Group does not doubt its accuracy, however, Sands Investment Group makes no guarantee, representation or warranty about the accuracy contained herein. It is the responsibility of each individual to conduct thorough due diligence on any and all information that is passed on about the property to determine it’s accuracy and completeness. Any and all projections, market assumptions and cash flow analysis are used to help determine a potential overview on the property, however there is no guarantee or assurance these projections, market assumptions and cash flow analysis are subject to change with property and market conditions.
    [Show full text]
  • Final Program
    WEDNESDAY, OCTOBER 5, 2016 // Colorado Convention Center // DENVER , CO FINAL PROGRAM 8:00 am Registration Desk Open with 12:00 pm – 1:30 pm Luncheon and Featured CDO Speaker Continental Breakfast Room 702 700 Corridor Learn from a leading Chief Development Officer about what single biggest 8:30 am – 9:15 am Welcome & Roundtable Discussions change they made to their development program in the past year. What has Room 703 been successful? What new programs have they implemented that have made a significant difference? What is the measurable result? Sit at a roundtable with fellow franchise executives for informal discussions on topics focused around franchise development. Get direct feedback on Speaker: Michael Nolan, President & CEO, Smashburger (formerly issues that are important to you. Executive Vice President and Chief Development Officer, Smashburger) 1. How to Choose a Funding Partner That Fits Your Brand – 1:45 pm – 2:30 pm Sales Compliance Update Rocco Fiorentino, CFE, President & CEO, Benetrends Financial Room 703 2. Best Practices for Expanding Internationally – Alan Greenfield, Learn the latest on hot cases and issues that directly impact sales Shareholder, Greenberg Traurig, LLP development. Discussions will include different scenarios and how their 3. Best Practices for Supply Agreements – David Katalinas, Partner, outcome affects sales. Moye White LLP Speakers: Alan Greenfield, Shareholder, Greenberg Traurig, LLP; 4. Maximizing Profitability of Locations and Territories – Mike Mack, Christine Johnson, General Counsel, Dickey’s Barbecue Restaurants, Inc. CEO, Fract 5. Lead Flow & Tracking – How to Adapt Your Tactics to Changes 2:30 pm – 2:45 pm Refreshment and Networking Break in Buying Behavior – Jon Carlston, CFE, Senior Solutions Engineer, 700 Corridor Foyer FranConnect 6.
    [Show full text]
  • Former Zaxby's for Sale 1700 N Columbia St · Milledgeville, GA
    Commercial Division 577 Mulberry Street P.O. Box 310 Macon, GA 31202 (478) 746-9421 (478) 742-2015 FAX [email protected] EMAIL Former Zaxby’s For Sale www.fickling.com 1700 N Columbia St · Milledgeville, GA Bldg Size: 3,159 sf 2016 DEMOGRAPHICS Lot Size: 0.43 acre corner lot Frontage: 112’ on Hwy 441 1 Mile 3 Mile 5 Mile 158’ on Garrett Way Population 3,040 19,873 30,515 Traffic Count: 24,100 VPD Zoning: Community Commercial Median Age 37.3 26.9 31.4 Utilities: All utilities available Average HH Property Taxes: $7,507.82 $48,305 $48,861 $47,693 Income Notes: Take advantage of Zaxby’s expansion and relocation! High traffic corner lot, level with great visibility. It is located on the “breakfast side” going into town. Convenient to downtown, GC&SU, GMC, Oconee Regional Hospital. Neighbors include: Advance Auto, Lowe’s, O’Reilly’s, Sonic, Chic Filet, Waffle House, Cook- out of Milledgeville, Hobby Lobby, Tractor Supply, Food Depot, Century Bank, Sears, Bojangles, Checkers, Krystal, KFC, Wendy’s, and the Milledgeville Mall. An additional 0.56 acres behind the store is available for $200,000. Contact Trip Wilhoit , CCIM, ALC or Patty Burns, CCIM, ALC 478-746-9421 [email protected] or [email protected] See detailed property information at www.Fickling.com This information is from resources deemed to be reliable, no warranties or guarantees for accuracy are made by Fickling and Company Commercial Division 577 Mulberry Street P.O. Box 310 Macon, GA 31202 (478) 746-9421 (478) 742-2015 FAX [email protected] EMAIL www.fickling.com Former Zaxby’s For Sale 1700 N Columbia St · Milledgeville, GA Contact Trip Wilhoit , CCIM, ALC or Patty Burns, CCIM, ALC 478-746-9421 [email protected] or [email protected] See detailed property information at www.Fickling.com This information is from resources deemed to be reliable, no warranties or guarantees for accuracy are made by Fickling and Company Commercial Division 577 Mulberry Street P.O.
    [Show full text]