Chick-fil-A 736 E Forsyth St 4,526 SF Retail Building Americus, GA 31709 $5,056,000 ($1,117.10/SF) 4.75% Cap Rate
INVESTMENT HIGHLIGHTS
- New 15-Year Corporate Absolute Net Lease to Chick-fil-A with No Landlord Maintenance Responsibilities
- High Quality 2022 Construction Featuring Double Drive-Thru Component
- 470,000 Annual Visits to this Location per Placer.Ai
- Unique Fee Simple Chick-fil-A Property Including Improvements – Benefit of Depreciation
- Chick-fil-A has Highest Average Unit Volume Among QSR Users
- Limited Competition – Only Chick-fil-A in 30+ Mile Radius
EXECUTIVE SUMMARY
Americus (population 16,230) is the county seat of Sumter count, located approximately 60 miles from Columbus, 125 miles from Tallahassee, and 137 miles from Atlanta. The city is home to the international headquarters of Habitat for Humanity and The Fuller Center for Housing.
The subject property is prominently located with excellent access and visibility along the E Forsyth Street retail corridor (12,800 AADT). The site benefits from robust demographics with a total daytime population of 23,807 within a five mile radius. Average household income within 5 miles of the site is $68,809.
The property benefits from a strategic location within Americus’s primary retail corridor. The site is approximately 1 mile from Georgia Southwestern State University, with a student body of over 3,000 and staff of 280.
This property is listed in conjunction with Georgia-licensed real estate broker Delta Commercial.
The subject property is prominently located with excellent access and visibility along the E Forsyth Street retail corridor (12,800 AADT). The site benefits from robust demographics with a total daytime population of 23,807 within a five mile radius. Average household income within 5 miles of the site is $68,809.
The property benefits from a strategic location within Americus’s primary retail corridor. The site is approximately 1 mile from Georgia Southwestern State University, with a student body of over 3,000 and staff of 280.
This property is listed in conjunction with Georgia-licensed real estate broker Delta Commercial.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
4,526 SF
Building Class
B
Year Built
2022
Price
$5,056,000
Price Per SF
$1,117.10
Cap Rate
4.75%
NOI
$240,160
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.87 AC
Opportunity Zone
Yes
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-6-5A | Improvements Assessment | $0 |
| Land Assessment | $266,560 | Total Assessment | $266,560 |
CONTACTS
-
Putnam Daily -
Vahe Nokhoudian -
Fisher James Capital
