4040 Riverside Drive “Under Contract”

Property Description

UNDER CONTRACT

• Tenant: Cheddar’s Casual Cafe
• Triple Net Lease
• Lease Term: 15 Years; Expiration March 31, 2031
• Annual Rent: 2025: $182,750.04
• Annual Rent: 2026-2031: $196,456.30
• SubTenant: Pedro’s Tacos & Tequila of Macon
• Annual Rent: 2025 – $126,230.61
• Increases 2% per year
• 8,170± SF Building (Bar, Dining Room, Full Kitchen)
• 2.83 Acres; 330’± Frontage on Riverside Drive; Two curb-cuts
• Built in 2001
• Ample Parking
• Roof: Mixed (Flat/Hip) / Weatherwood 30-year architectural GAF HDZ Shingles (Replaced 2023)
• Single meter electrical; 3-Phase / 4 Wire

• High traffic location – 13,600± AVG VPD (2023 GDOT)
• Located within 1/2 mile of Interstate 75 (Exits 169 & 171)
• Adjacent to Suburban Studios and Wingate by Wyndham
• Two large apartment complexes nearby