Brand New 10 Year Net Lease | El Jannah Recently Acquired for $1Billion | Significant 2,787sqm* Highway Freehold

Description

CBRE is pleased to offer to the market El Jannah Albion Park Rail (South Coast) NSW, a premium fast food investment for sale via Private Treaty.

The property has the following key investment highlights:

+ New 10 year net lease to 2034 plus 2 further 10 year options to 2054
+ El Jannah: established fast food chain with 62+ locations, looking to grow to 200+ in the next 5 years, and backed by $126 billion investment giant General Atlantic
+ General Atlantic: recently acquired a majority stake in El Jannah for $1 billion, a major global private equity firm with $126 billion in assets under management
+ Rare lease security underpinned by head office lease and corporate guarantee
+ Attractive fixed 3% annual increases, ensuring compounding long term rental growth
+ Highly desirable net lease structure, tenant pays all outgoings including council rates, water rates, insurances, land tax & management fees, as per lease
+ New 2024 construction, including latest specification purpose built 311sqm* fast food facility and fit-out, offering significant depreciation benefits
+ Large 2,787sqm* corner landholding with direct exposure and north/south bound access from the Princes Highway. Improved by dual lane drive-thru facility and generous on-site parking with 37* car spaces
+ Ideally positioned adjacent to Shellharbour Airport
+ Strategic Princes Highway site near major national tenants including 7-Eleven, Ampol, BP, McDonald’s, Oporto, Taco Bell, Toyota, Hyundai & more
+ Albion Park Rail: key south coast growth corridor 20 mins from Wollongong CBD, with population forecast to reach 291,000+ by 2046
+ Net Income: $334,184 pa* + GST

To be sold via Private Treaty

Please contact the exclusively appointed sales team for more information.

*Approx

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Contact agents
Yosh Mendis Senior Director
0434 413 188
Geoff Sinclair Director
+61 451 462 759
Flynn McFall Negotiator
+61 481 187 191
Sam Mulcahy Junior Sales Associate
+61 499 558 968
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Albion Park Rail, NSW

104 Princes Highway

For Sale

This property is part of Portfolio 186

Price: Contact Agent

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