About This Restaurant
Investment Highlights
21% rent increase in Option 1 0.4 miles from Exit 172 on I-20 | 30,600 VPD | Major highway connecting Atlanta to Augusta, GA Corporate lease | Starbucks Corporation | 35,711 locations worldwide | Investment grade credit | Baa1/BBB+ 2022 new construction New 10-year lease Great visibility & access from Washington Rd | 13,300 VPD
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Starbucks in Thomson, 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
- Building Size 2,620
- Year Built 2022
- Price 2,091,000
- Price Per SF 798
- Cap Rate 5.50
- NOI 115,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.03
- Land Acres 1.74 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 0T070 00000 001 000 | Improvements Assessment | $187,200 |
| Land Assessment | $273,088 | Total Assessment | $460,288 |
| Date Created: | 2024-07-16 04:13:35 | Last Updated: | 2024-07-16 04:13:35 |
| Address: | 1758 Washington Road , Thomson, Georgia, 30824 | ||