About This Restaurant
Investment Highlights
Great visibility and access from signalized corner intersection | US 441 & Cannon Bridge Rd | 35,000 VPD combined Outparcel to Habersham Hills Shopping Center | Tractor Supply & Ross anchored center Long lease term | New 20-year term New 2023 construction Absolute Net Lease | Zero Landlord responsibilities Corporate lease | SRI Operating Company | 3,548 Locations across 46 states
Executive Summary
Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Sonic Ground Lease in Cornelia, GA. We welcome your review of this attractive investment.
Property Details
- Sale Type Investment
- Sale Condition Ground Lease (Leased Fee)
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Fast Food Freestanding
- Building Size 931
- Year Built 2023
- Price 2,429,000
- Price Per SF 2,609
- Cap Rate 5.25
- NOI 127,523
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.01
- Land Acres 1.45 AC
Property Taxes
| Parcel Number | 083-006 | Improvements Assessment | $130,484 |
| Land Assessment | $136,020 | Total Assessment | $266,504 |
| Date Created: | 2024-07-16 04:13:35 | Last Updated: | 2024-07-16 04:13:35 |
| Address: | 109 Habersham Hills Cir , Cornelia, Georgia, 30531 | ||