1531 Highway 400 S
Dawsonville, GA 30534
Applebee's | 6.25% Cap Rate · Retail Property For Sale
Property Facts
About 1531 HIGHWAY 400 S , DAWSONVILLE, GA 30534
Bull Realty is pleased to offer FOR SALE this Applebee's casual dining restaurant, located in Dawsonville, GA, less than 30 miles north of Atlanta on busy GA Hwy 400 which has traffic counts in excess of 27,900+ vehicles daily. This attractive 4,740 square foot restaurant, on a large 1.41 acre parcel is situated at a signalized corner, across from several area retailers including Kroger, Ross, Verizon, RaceTrac and others and within a 1/4 of a mile is the North Georgia Premium Outlets, featuring over 140 stores. Applebee's is operated by NRP (Neighborhood Restaurant Partners, LLC), a wholly owned subsidiary of Atlanta based private equity firm, Argonne Capital. NRP operates over 120 Applebee's in AL, FL, GA, and TX. It's parent, Argonne, is also a large franchisee of IHOP, Krystal, On the Border, and John Deere locations. The original 20 year NNN lease has over 15 years remaining on the term with six 5 year options. There are annual rent increases of 1.25%. For mapping purposes, please search address as 31 Bethal Drive, Dawsonville, GA 30534. For more information, please contact Nancy Miller.
Property Taxes
| Parcel Number | 115-000-128-001 | Improvements Assessment | $215,800 |
| Land Assessment | $507,600 | Total Assessment | $723,400 |
Property Taxes
