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Mabel's Restaurant NNN Lease 110 S Main Ave 3,100 SF Retail Building Pine Mountain, GA 31822 $550,000 ($177.42/SF) 7.69% Cap Rate
Investment Highlights
- Good foot traffic location in downtown Pine Mountain
- Charming Southern casual dining in a standalone restaurant setting with a cozy covered outdoor patio
- Signalized intersection situated at the southwest corner of Main Street and Commerce Avenue
- Corner lot with excellent visibility from Main Ave and Hwy 27
- Dedicated parking with ±23 spaces
- Approximately 4 minutes drive (±2.8 miles) from Callaway Resort & Gardens with over 750,000 annual visitors
Executive Summary
Retail Investment Group is pleased to offer for sale this Mabel’s freestanding restaurant in Pine Mountain, Georgia. This opportunity features a NNN lease (landlord pays the property taxes). Built in 1996, this ±3,100-square-foot building sits on a ±0.65 acre lot.
Brian Brockman
Bang Realty-Georgia, Inc
Lic: 378952
513.898.1551
bor@bangrealty.com
Brian Brockman
Bang Realty-Georgia, Inc
Lic: 378952
513.898.1551
bor@bangrealty.com
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,100 SF
Building Class
C
Year Built
1996
Price
$550,000
Price Per SF
$177.42
Cap Rate
7.69%
NOI
$42,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.65 AC
Zoning
C3
Parking
25 Spaces (8.06 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Freeway Visibility
- Property Manager on Site
- Pylon Sign
- Restaurant
- Accent Lighting
- Recessed Lighting
- Air Conditioning
Property Taxes
| Parcel Number | 056B136 | Improvements Assessment | $92,768 |
| Land Assessment | $51,762 | Total Assessment | $144,530 |
Property Taxes
Parcel Number
056B136
Land Assessment
$51,762
Improvements Assessment
$92,768
Total Assessment
$144,530
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Mabel's Restaurant NNN Lease | 110 S Main Ave
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