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324 Liberty St
Thomasville, GA 31757
IHOP · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,103 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.06 AC
Zoning
2
Frontage
148’ on Liberty Street

About 324 LIBERTY ST , THOMASVILLE, GA 31757

INVESTMENT HIGHLIGHTS: Long-term Security – ±10 Years remaining on primary lease term with - Completely Passive Investment – Absolute NNN Lease - Growing Cash Flow – Lease contains 1.00% Annual rental increases - Recent Construction – The subject property was built in 2014, limiting necessity for future renovations by tenant - Strong Guarantee with over 150+ Units (see tenant highly highlights below for further details) Strong Retail Synergy - Dense Retail Corridor – Neighboring national tenants include: Lowe’s Home Improvement, Publix Market, Applebee’s, Whataburger, Zaxby’s Chicken Fingers & Buffalo Wings, - - --- LongHorn Steakhouse, KFC, Verizon, Suntrust , and many more - Limited Concept Competition – Closest IHOP is in Valdosta, Georgia, approximately 40 miles away Leading Casual Dining Concept - 100% leased to a franchisee for a national tenant, IHOP restaurant, a subsidiary of DineEquity, INC. which is the largest casual-dining restaurant chain in the world. - Argonne Capital Group employees 32,000 people and has grown to over $1.6 billion in annual sales - Sunshine Restaurant Partners has over 150 locations in Florida and Southern Georgia with a vision to expand to 250 locations in the coming years.

Property Taxes

Property Taxes

Parcel Number
046F-083-M
Land Assessment
$147,757
Improvements Assessment
$453,716
Total Assessment
$601,473
  • Listing ID: 16369386

  • Date on Market: 6/17/2019

  • Last Updated:

  • Address: 324 Liberty St, Thomasville, GA 31757

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