1398 Thompson Bridge Rd
Gainesville, GA 30501
Pizza Hut/Wing Street · Retail Property For Sale

Horvath & Tremblay has been selected to exclusively market for sale the fee simple interest of a Pizza Hut & WingStreet situated on 0.70 acres in Gainesville, Georgia. Pizza Hut signed a 20-year Triple Net (NNN) lease in 2008, which includes four (4) five year options, and eight percent (8%) increases every five (5) years throughout the base and option periods. This has been a proven location for Pizza Hut and WingStreet since they opened approximately 9 years ago. The property is located just 3 miles from the Interstate 985 and 3 miles from Highway 53. Located down the street from the Sherwood Plaza Shopping Center at the intersection of Thompson Bridge Road and Lanier Avenue, the asset benefits from excellent visibility and close proximity to local shopping and all major thoroughfares within Gainesville. The asset has two dedicated means of ingress and two means of egress. The property is located at the intersection of Thompson Bridge Road and Lanier Avenue in Gainesville, Hall County, Georgia. Gainesville has an estimated population of roughly 34,000. The City of Gainesville has been working since 2000 to redevelop a unique section of the city, known as Midtown. Development concepts include renovating the historic railroad depot, establishing an entertainment district, converting the CSX rail line into a greenway, installing streetscaping along key streets, providing mixed-income housing, and protecting some of the area's valuable historic resources.