3946 Bemiss Road, Valdosta, GA, 31605 - Available for Sale

Retail For Sale

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Taco Bell

3946 Bemiss Road, Valdosta, GA 31605

$1,864,000

2,578 SF | Retail

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Retail Property For Sale

Price:
$1,864,000
Building Size:
2,578 SF
Price/SF:
$723.04
Property Type:
Retail
Property Sub-type:
Restaurant
Additional Sub-types:
Free Standing Bldg
Street Retail
Retail Pad
Property Use Type:
Net Lease Investment with
10+ years left on lease
Cap Rate:
5.75%
Tenancy:
Single
Lot Size:
37,243 SF
Listing ID
17563002
Last Updated
1 day ago

Find Out More...

Highlights

  • Long Term stable cash flow -- Guaranteed by the largest Taco Bell franchisee in the U.S.
  • 14 years left on the original 20 year lease
  • Absolute NNN Lease -- No Landlord Responsibility
  • Four (4) five year options -- Annual rent escalations
  • Includes such platinum properties as CVS, McDonald's, Wal-Mart, Target, Walgreens', Best Buy, Advance Auto, Burger King, Dollar General, Eckerd, KFC.
  • Vibrant retail corridor located on major artery along State Route 125 with more than 24,000 CPD and double-digit growth

Description

The CBRE Net Lease Property Group is pleased to offer for sale the fee-simple interest in a Taco Bell at 3946 Bemiss Road in Valdosta, Georgia. There are +/- 14 years left on the original 20 year lease to Tacala, which is the largest Taco Bell franchisee in the system. The NOI is $107,169 or a 5.75% cap rate with a $1,864,000 purchase price. There are 4 five-year options and lease escalations are 1% annually.

The property, with more than 24,000 CPD, is located along State Route 125 in the heart of a very active retail corridor. Wal-Mart, Big Lots, Best Buy, Target, Sears, Old Navy, Kmart, Lowe's, Advance Auto Parts, Ace Hardware, Auto Zone, CVS, McDonald's, Long John Silver's, KFC, Winn-Dixie and Pizza Hut all operate nearaby.

Valdosta, incorporated in 1860, is the county seat of Lowndes County. It is located in the far southern portion of the state, near the Florida line. It is a commercial center of South Georgia with numerous manufacturing plants.

Financial Summary

  • Actual
  • $105,060

Map of 3946 Bemiss Road, Valdosta, GA 31605 (Lowndes County)

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Asking Price Index Trends for Valdosta, GA Retail For Sale

  Jun 14 vs. 3 mo.
prior
Y-O-Y
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State
$105+1.2%+1.5%

View Valdosta Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 3/7/2012
Taco Bell
  • Retail
  • $1,864,000
  • 2,578 SF