3285 Inner Perimeter Rd - Restaurant FOR SALE


Valdosta, GA 31602
$2,254,647 USD
516-933-8880
3285 Inner Perimeter Rd, Valdosta, GA for Sale
$2,254,647 USD
Restaurant - FOR SALE
1/3
null | 5.25% Cap Rate

3285 Inner Perimeter Rd
Valdosta, GA 31602


HIGHLIGHTS

  • Drive Thrru
  • Excellent opportunity for an investor to purchase a stable, long term investment with zero landlord responsibility.
  • Heavily trafficked thoroughfare in Valdosta (Inner Perimeter Road)
  • Over 27,000 vehicles per day

OVERVIEW

The subject property is a newly constructed Tropical Smoothie Cafe drive-thru located in Valdosta, GA. The 15-year absolute NNN lease includes 10% rental increases every 5 years in the primary term and option periods. The lease is guaranteed by Dyne Hospitality Group, the largest Tropical Smoothie Cafe franchisee in the brand, operating over 120 Tropical Smoothie Cafe locations throughout 8 states. The property is strategically located in the heart of a dense retail trade area directly across from Walmart and Publix and next to ALDI, Chipotle and Peachtree Immediate Care. The site benefits from excellent access and visibility along the most heavily trafficked thoroughfare in Valdosta (Inner Perimeter Road), which boasts over 27,000 vehicles per day. Additionally, the property is just 2 miles north of Valdosta State University (12,000 students). National retailers in the immediate vicinity include ALDI, Chipotle, Publix, Walmart, Chick-Fil-A, UPS, Walgreens, Blaze Pizza, Dollar Tree, Goodwill, GameStop, T-Mobile, Firestone, Zaxby’s, Verizon, Dollar General, Starbucks, Wells Fargo and many more. This is an excellent opportunity for an investor to purchase a stable, long term investment with zero landlord responsibility.

FOR SALE DETAILS

PRICE

$2,254,647 USD

PRICE/SF

$1,342 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tropical Smoothie Cafe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,831 SF

ZONING

C-H

APN/PARCEL ID

0109B-147M

ASK ABOUT THIS PROPERTY

Jonathan WinzelbergRIPCO Real EstateMore Info
516-933-8880

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Jonathan WinzelbergRIPCO Real EstateMore Info
516-933-8880

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