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1823 W Hill Ave
Valdosta, GA 31601
Pizza Hut: Valdosta, GA · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,900 SF
Building Class
C
Year Built
1976
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.67 AC
Zoning
C-H - Commercial
Parking
47 Spaces (16.21 Spaces per 1,000 SF Leased)
Frontage
122’ on Hill Ave

Amenities

  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Signalized Intersection

About 1823 W HILL AVE , VALDOSTA, GA 31601

The CBRE Net Lease Property Group is pleased to exclusively offer for sale the 2,285-square-foot Pizza Hut situated on 0.66 acres in Valdosta, Georgia. Located in Lowndes County, the city of Valdosta is nestled on the southern border of Georgia and is the principal city of the Valdosta Metropolitan Statistical Area (MSA Population: 146,174). Pizza Hut’s NNN lease features ±4.8 years of term remaining. The property is positioned with excellent access and visibility at the signalized intersection of West Hill Avenue (22,400) and Norman Drive, where it is just feet from the on-ramp to Interstate 75 (54,900 VPD) and only 2 miles west of downtown Valdosta. Pizza Hut is strategically located adjacent to Sunoco Gas and IHOP, and is directly across from McDonald’s, Quality Inn South (48 Rooms), Days Inn (63 Rooms), and Super 8 (72 Rooms). The site benefits from its position within Valdosta’s primary retail and commercial corridor with 4.8 MSF of retail, 1.3 MSF of office, 4.4 MSF of industrial, and 3,188 multifamily units within a 3-mile radius. Major retailers within the immediate vicinity include Walmart Supercenter, Sam’s Club, Academy Sports + Outdoors, Waffle House, Wendy’s, Burger King, Bojangles’, Sonic, FedEx, Motel 6 (132 Rooms), Fairfield Inn & Suites (132 Rooms), Holiday Inn (158 Rooms), Cheddar’s Scratch Kitchen, Spirit Halloween, and Honda, among others. Pizza Hut is also 2 miles from the Valdosta Mall (the only enclosed regional shopping mall within a 75-mile radius), and is 2.2 miles from the Valdosta State University campus (Enrollment: 11,211). The property is provided with a substantial built-in customer base due to its proximity to the James H Rainwater Conference Center and over 1,000 hotel rooms within walking distance. Pizza Hut further benefits from dynamic demographics with a population of 27,669 and average household income of $40,228 within a 3-mile radius.

Property Taxes

Property Taxes

Parcel Number
0088B-022
Land Assessment
$224,000
Improvements Assessment
$148,128
Total Assessment
$372,128
  • Listing ID: 17513346

  • Date on Market: 10/21/2019

  • Last Updated:

  • Address: 1823 W Hill Ave, Valdosta, GA 31601

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