This Retail Property is Off-Market.

2625 Georgetown Drive
Augusta, GA 30906 ·

3,774 SF · Retail For Sale

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Pizza Hut

Price N/A Cap Rate 8.50%
Building Size 3,774 SF Tenancy Single
Property Type Retail Year Built 2001
Property Sub-type Restaurant Lot Size 1.38 AC
Property Use Type Investment
Listing ID: 13285227 Date Created: 09/11/2001 Last Updated: 01/07/2002

Description

New Pizza Hut on an outparcel of the Wal-Mart shopping center on Dean's Road in Augusta. The shopping center is highly visible from both Interstate 520, and Deans Bridge Road that carries more than 37,000 cars per day. Tenants in the Wal-Mart shopping center include Sally Beauty, CATO, Dollar Tree, Cellular One.

The Augusta-Aikens MSA is located in the heart of the Southeast and with a total population near 500,000, it is Georgia's second largest. Entrepreneur Magazine listed Augusta in its list of top 10 best cities to live in the South. Augusta is home to Fort Gordon, which contains the US Army Signal Center, the largest electronic communications training center in the world.

Highlights

  • New 20 year NNN lease
  • Guaranteed by the Nation's largest Pizza Hut franchisee, NPC, International, Inc.
  • NPC, International's $505 million in sales account for 12% of the entire Pizza Hut system
  • NPC, International currently operates 835 Pizza Hut restaurants in 27 states
  • New prototypical Pizza Hut building that replaced former Pizza Hut location

Research

2625 Georgetown Drive, Augusta, GA 30906 (Richmond County)

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