New Del Taco Retail Building In Fort Oglethorpe Sells For $1.7 Million

Thursday, September 23, 2021
JLL Capital Markets announced Thursday that it has closed the $1.7 million sale of a new, 2,500-square-foot, single-tenant retail building ground leased to Del Taco at Fort Oglethorpe. 
 
"Del Taco is a rapidly expanding national operator and franchisor of restaurants featuring Mexican-inspired foods and American classic dishes," officials said. "Completed in 2020, the Fort Oglethorpe Del Taco is the most visited Del Taco location in the state of Georgia." 
 
The Del Taco building is situated on .81 acres at 564 Battlefield Parkway in Fort Oglethorpe.
The property is adjacent to the city’s busiest intersection and visible to about 50,600 vehicles per day. It is also positioned on the “going home” side of Battlefield Parkway and along a major retail corridor and surrounded by more than 100,000 residents within a five-mile radius, it was stated. 
 
The JLL Capital Markets Investment Sales Advisory team representing the seller was led by Director Michael Brewster, Senior Managing Director Brad Peterson and Analyst Wyatt Andrews.
 
“Every net-lease transaction strikes a balance of yield versus tenant credit,” Mr. Brewster said. “The market created for this Del Taco signals the power of having a strong, hands-on local operator with transparency into financials.”

5 Premium Building Lots In The Developing Crown Harbor Community To Go Up For Auction

Greater Chattanooga Realtors Donate $10,000 To Snack Pack

Price Increases In Nashville Send Clear Message To Jump In The Market Now


Five premium building lots in the developing Crown Harbor community are set to be auctioned by Compass Auctions on Oct. 28. The lots featured are situated in the luxury waterfront development ... (click for more)

Greater Chattanooga Realtors presented a $10,000 check to Janice Robertson, founder of the Snack Pack Food Ministry during a realtor volunteering event. “Greater Chattanooga Realtors ... (click for more)

There were 4,022 home closings in the Greater Nashville Region reported for the month of September, according to figures provided by Greater Nashville Realtors. This figure represents an 8 percent ... (click for more)



Real Estate

5 Premium Building Lots In The Developing Crown Harbor Community To Go Up For Auction

Five premium building lots in the developing Crown Harbor community are set to be auctioned by Compass Auctions on Oct. 28. The lots featured are situated in the luxury waterfront development located on the north shore of Nickajack Lake in Jasper, Tn. in Marion County. The neighborhood is located approximately 20 minutes west of downtown Chattanooga “We are a right sized ... (click for more)

Greater Chattanooga Realtors Donate $10,000 To Snack Pack

Greater Chattanooga Realtors presented a $10,000 check to Janice Robertson, founder of the Snack Pack Food Ministry during a realtor volunteering event. “Greater Chattanooga Realtors is thrilled to continue our support for Snack Packs,” said Robert Backer, 2021 president. “Snack Packs does so much to help out area school children, and as Realtors, it’s important to give ... (click for more)

Breaking News

Hamilton County Has Another Coronavirus Death And 109 New Cases: State Has 60 More Deaths

The Hamilton County Health Department reported one more coronavirus death on Friday and 109 new positive cases, no change from Thursday. The total number of cases in the county now stands at 63,193. The death total is at 638. It is reported the death was a woman, age 81 or older. The number of COVID-19 hospitalizations is 142 in Hamilton County - down from 148 on Thursday. ... (click for more)

Whitfield Casts Deciding Vote To Allow Affordable Housing Apartment Project On Happy Valley Road

The Walker County Board of Commissioners voted 3-2 on Thursday night to approve the rezoning for a 156-unit affordable housing development across from Ridgeland High School. Chairman Shannon Whitfield broke a 2-2 tie, voting in favor of the rezone. This was the first time Chairman Whitfield has voted on a decision under the new form of government. Commissioner Mark Askew ... (click for more)

Opinion

Why Mandates Are Ridiculous - And Response

Hamilton County COVID cases 62,525 Hamilton County COVID deaths 638 By my math 62525/638 = 0.012 percent 0.012 percent of people that got COVID died from it 99.988 percent survived including myself I just wanted to point out how ridiculous vaccine mandates really are and how COVID hysteria, driven by the media and federal government, is unwarranted. Vaccines reduce ... (click for more)

Roy Exum: The Saturday Funnies

Hooray for The Saturday Funnies! Before we begin with some wonderful one-liners from some of history’s greatest people, let me remind you we don’t write the Funnies. Instead they are gleaned from the emails we gather from those that are sent to us each week. If you have a great funny, please send it to royexum@aol.com and we’ll share it. * * * GREAT ONE-LINERS FROM THE WORLD’S ... (click for more)