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118 E Hill St
Thomson, GA 30824
Little Caesars · Retail Property For Sale
Investment Highlights
- NN Lease Structure Providing Minimal Landlord Responsibilities
- Lease Includes Two (5-Year) Renewal Options Featuring Rental Increases
- Strong Area Demographics with Average Household Incomes Exceeding $71,000 Within a 5-Mile Radius
- Established Location with Over 12 Years of Successful Operating History
- Strategically Positioned Along Hill Street with Traffic Counts Exceeding 12,200 Vehicles Per Day
- Population of More Than 14,700 Residents Within a 5-Mile Trade Area
Executive Summary
NN Lease Structure Providing Minimal Landlord Responsibilities
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,263 SF
Building Class
C
Year Built
1978
Price
$308,571
Price Per SF
$244.32
Cap Rate
7%
NOI
$21,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.42 AC
Opportunity Zone
Yes
Zoning
C-1
Parking
52 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 0T240 00000 057 000 | Improvements Assessment | $65,997 |
| Land Assessment | $11,988 | Total Assessment | $77,985 |
Property Taxes
Parcel Number
0T240 00000 057 000
Land Assessment
$11,988
Improvements Assessment
$65,997
Total Assessment
$77,985
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