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1315 N Saint Augustine Rd
Valdosta, GA 31601
Olive Garden · Retail Property For Sale
Investment Highlights
- Olive Garden’s NNN ground lease has ±9.2 years of term remaining.
- Olive Garden has occupied the site since 2012 and recently executed an 8-year lease extension, which demonstrates their commitment to the site.
- 5.05% rent increase in 2022, as well as 10% rent increases in each of the six 5-year renewal options.
- 4.8 MSF of retail, 1.5 MSF of office, 1.4 MSF of industrial, and 1,787 multifamily units within a 3-mile radius of the site.
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,800 SF
Building Class
C
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.95 AC
Zoning
C-H
Parking
139 Spaces
Frontage
314’ on Saint Augustine Road
Property Taxes
| Parcel Number | 0081D-013 | Improvements Assessment | $33,989 |
| Land Assessment | $148,139 | Total Assessment | $182,128 |
Property Taxes
Parcel Number
0081D-013
Land Assessment
$148,139
Improvements Assessment
$33,989
Total Assessment
$182,128
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