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1352 S Chestatee 2,220 SF Retail Building Dahlonega, GA 30533 $725,000 ($326.58/SF) 6.62% Cap Rate
Investment Highlights
- 14,755 VPD Traffic Count on Chestatee
- On main road to Daglonega
Executive Summary
Hard to find CLASSIC PIZZA HUT. Building is currently leased to a pizza hut franchisee. This Pizza hut has been thriving here in Dahlonega since 1984. Building is in great shape with having a total upgrade 4 years ago. Locals love it and business is good. Located Off Hwy 60 with a traffic count of 14,755. Building sits on 1.0 acre with water,sewer, turn lane etc.... Ready to roll. Located in Dahlonega GA with great location and future possibilities with the Dahlonega boom coming. In the City Limits. Just 1.3 miles from the historical Dahlonega Square. Must call Listing agent to set up showing. Showings will have to be around the business hours.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
2,220 SF
Building Class
C
Year Built/Renovated
1984/2020
Price
$725,000
Price Per SF
$326.58
Cap Rate
6.62%
NOI
$48,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.00 AC
Zoning
B1 - General Business
Frontage
200’ on South Chestatee or Hwy 60
Amenities
- Freeway Visibility
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Pizza Hut began in 1958, when two brothers borrowed money from their mother to open a pizza place in Wichita, Kansas. The business grew from that single restaurant into a franchised brand with a broad menu centered on pizza, pasta, chicken wings, breadsticks, desserts, and delivery or carryout service. Pizza Hut later became part of Yum! Brands and continues to operate as a global restaurant system with a large franchise network across many markets. The company has also built a history around menu and service milestones, including early online ordering and signature products such as Stuffed Crust and Pan pizza.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 062A-000-089-000 | Improvements Assessment | $92,774 |
| Land Assessment | $80,000 | Total Assessment | $172,774 |
Property Taxes
Parcel Number
062A-000-089-000
Land Assessment
$80,000
Improvements Assessment
$92,774
Total Assessment
$172,774
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1352 S Chestatee