711 E Alice St | Bainbridge, GA 39819
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- LoopNet Team
711 E Alice St
Bainbridge, GA 39819
SONIC - BAINBRIDGE, GA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Lease is Personally Guaranteed by the Operator (Net Worth in Excess of $28,000,000)!
- ±0.956-Acre Lot on a Pad Site to a Walmart Supercenter with Great Visibility & Access on E Alice St where Traffic Counts Exceed 9,330 CPD!
- onstore 5463 Bainbridge GA, LLC Operates a Total of 19 Sonic Drive-In Restaurants, 1 Rib Crib Restaurant, and a Number of Other Restaurants
- Successfully Open & Operating for Decades with an Attractive 8.59% Rent to Sales Ratio! Open/Paying Rent Through COVID with Full Drive-Thru!
- 2021 DEMOGRAPHICS (5-MI): Total Population: 18,932 | Average Household Income: $49,180
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,554 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.96 AC
Zoning
Commercial - Commercial
Parking
25 Spaces (16.32 Spaces per 1,000 SF Leased)
Frontage
133’ on East Alice Street
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | B053A-013-000 | Improvements Assessment | $107,884 |
| Land Assessment | $115,200 | Total Assessment | $223,084 |
PROPERTY TAXES
Parcel Number
B053A-013-000
Land Assessment
$115,200
Improvements Assessment
$107,884
Total Assessment
$223,084
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