1401 Tallahassee Hwy - Convenience Store FOR SALE


Bainbridge, GA 39819
$4,095,000 USD
678-230-7188
1401 Tallahassee Hwy, Bainbridge, GA for Sale
$4,095,000 USD
Convenience Store - FOR SALE
1/5
null | 5.25% Cap Rate

1401 Tallahassee Hwy
Bainbridge, GA 39819


HIGHLIGHTS

  • Brand new 20-year ground lease and first location in GA
  • Directly across Walmart (2.1M visits) and minutes to Publix (under construction)
  • Intersection of US-84 and US-27 with highly visible pylon sign
  • Proximity to FL Panhandle beaches and FSU (42,000+ students)
  • Only regional trade area between Tallahassee and Columbus
  • Notable commuter stop and bedroom community for Tallahassee

OVERVIEW

TSCG is pleased to offer for sale a brand-new 20-year Wawa ground lease in Bainbridge (Tallahassee CSA), GA. This is the first ever Wawa to open in the state of Georgia with a recent opening on November 14th. Bainbridge is situated 45 minutes northwest of Tallahassee and Florida State University (42,000+ students) and is the only regional trade area between Tallahassee and Columbus, GA. Wawa is strategically located at the intersection of US-84 and US-27 along the main retail stretch surrounded by Walmart (2.1M visits), Home Depot, Publix (under construction), Tractor Supply, Harbor Freight and Chick-fil-A. A large 60-foot pylon sign has great visibility from both major roads. Bainbridge is a bedroom community for Tallahassee and a notable commuter stop to and from the Florida Panhandle Beaches. Several companies are planning to expand in the Bainbridge area. Taurus USA opened their 200,000 SF corporate headquarters in 2019 which added 300+ employees to Bainbridge. Anovion Technologies is building an $800M facility which is expected to open in 2025 and will employ 400+ workers. A-1 Roof Trusses is in the process of expanding from 100 jobs to 400 jobs.

FOR SALE DETAILS

PRICE

$4,095,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wawa Ground Lease - Tallahassee CSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.36 AC

LAND SF

102,802 SF

ZONING

-

APN/PARCEL ID

B053A-001-000

ASK ABOUT THIS PROPERTY

Neal PringleTSCGMore Info
678-230-7188

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Neal PringleTSCGMore Info
678-230-7188

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.