Sonic Ground Lease 36 Merchants Ave

36 Merchants Ave , Blairsville, Georgia, 30512 | 1,246 sq.f | $ 2,315,000

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About This Restaurant

Investment Highlights

New construction 19.5 years remaining on lease Great visibility from Hwy 515 E | 18,600 VPD Absolute Net Lease | Zero landlord responsibilities Corporate lease | SRI Operating Company | 3,500 locations across the 70 countries Explosive population growth with 3-mile radius | 16.21% from 2010- 2023

Executive Summary

Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Sonic Blairsville, GA. We welcome your review of this attractive investment.

Property Details

  • Sale Type    Investment
  • Sale Condition    Build to Suit
  • Property Type    Retail
  • Property Subtype    Fast Food Fast Food General Retail Restaurant Fast Food
  • Building Size    1,246
  • Year Built    2023
  • Price    2,315,000
  • Price Per SF    1,858
  • Cap Rate    5.40
  • NOI    125,000
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.02
  • Land Acres    1.15 AC

Property Taxes

Parcel Number B02-072 Improvements Assessment $221,680
Land Assessment $421,920 Total Assessment $643,600
Date Created: 2024-07-16 04:13:34 Last Updated: 2024-07-16 04:13:34
Address: 36 Merchants Ave , Blairsville, Georgia, 30512