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105 Lite-N-Tie Rd 2,250 SF Retail Building Gray, GA 31032 $1,595,000 ($708.89/SF)
Investment Highlights
- Existing drive-thru infrastructure
- Ample parking
- Functional site layout
- Located in Gray's primary commercial corridor
Executive Summary
This former Popeyes restaurant presents a rare opportunity to acquire a highly visible freestanding commercial property in the heart of Gray's primary retail corridor. Situated on ±0.84 acre, the ±2,250-square-foot building features existing drive-thru infrastructure, making it an ideal fit for quick-service restaurants, retail users, or other drive-thru-oriented businesses seeking to accelerate their opening timeline. The property offers a functional site layout with three curb cuts, 21 lined parking spaces, two ADA-accessible spaces, and included furniture, fixtures, and equipment (FF&E), providing added value and flexibility for a new owner. Located along Gray Highway with approximately 18,600 vehicles passing daily, the site benefits from outstanding visibility and convenient access between Macon and Milledgeville. Surrounded by a strong mix of national and local retailers including Ace Hardware, Dairy Queen, Ingles, and Aldi.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,250 SF
Building Class
B
Year Built
2019
Price
$1,595,000
Price Per SF
$708.89
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.84 AC
Parking
23 Spaces (10.22 Spaces per 1,000 SF Leased)
Frontage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Founded in New Orleans in 1972 by Al Copeland, the company began as a small fried chicken restaurant and later became known for a Louisiana-inspired approach to quick-service dining. The business serves fried chicken, chicken sandwiches, tenders, seafood, biscuits, desserts, and regional sides, with franchising forming a major part of the operating model. A broad restaurant network now supports service across the United States and international markets, and digital ordering, delivery, and franchise development remain part of the company's business mix.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | G07 00 029 | Improvements Assessment | $328,596 |
| Land Assessment | $79,380 | Total Assessment | $407,976 |
Property Taxes
Parcel Number
G07 00 029
Land Assessment
$79,380
Improvements Assessment
$328,596
Total Assessment
$407,976
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