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3980 Hwy 17 Alt
Eastanollee, GA 30577
Sonic · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASE – This lease provides zero landlord responsibilities, providing an investor with 100% passive income
- RECENTLY UPGRADED WALMART SUPERCENTER – The subject property is a direct outparcel to a Walmart Supercenter, which recently finalized a renovation
- STRONG BRAND RECOGNITION – With ±3,500 locations across 47 states and U.S. territories, an investor would benefit from Sonic’s national customer base
- ATTRACTIVE ANNUAL RENTAL INCREASES – The subject property benefits by having rare annual rental increases, which benefit an investor
EXECUTIVE SUMMARY
Broker of Record
Maxx Baumann
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Maxx Baumann
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,688 SF
Building Class
C
Year Built
2007
Price
$1,477,420
Price Per SF
$875.25
Cap Rate
7.40%
NOI
$109,329
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.84 AC
Zoning
B-II - Community Business District
Parking
38 Spaces (22.51 Spaces per 1,000 SF Leased)
Frontage
191’ on Highway 18 Alt
AMENITIES
- Restaurant
- Drive Thru
PROPERTY TAXES
| Parcel Number | 043-276 | Improvements Assessment | $111,988 |
| Land Assessment | $90,540 | Total Assessment | $202,528 |
PROPERTY TAXES
Parcel Number
043-276
Land Assessment
$90,540
Improvements Assessment
$111,988
Total Assessment
$202,528
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