487 Big a Rd - Restaurant FOR SALE


Toccoa, GA 30577
$999,999 USD
864-993-1441
487 Big a Rd, Toccoa, GA for Sale
$999,999 USD
Restaurant - FOR SALE
1/6
null | 6.6% Cap Rate

487 Big a Rd
Toccoa, GA 30577


OVERVIEW

Available for sale new build construction Little Caesars Pizza located at 487 Big A Road in Toccoa, GA. Construction was completed in 2024 & the building is +/- 1800 SF with drive-thru on +/- 0.52 acres. Asking price is $999,999.00 or a 6.60% CAP Rate. Annual NOI is $66K & the Tenant is on an Absolute NNN lease structure. The Lease has 14+ years remaining on a 15 year initial lease term. Tenant has four (4) five (5) year options after the initial term. Base rent increases by ten percent (10%) every five (5) years during the initial term & at the beginning of each option period. This property is located in a growth market with traffic counts on Big A Road exceeding 22K VPD. There is a recorded access easement agreement to Highway 123 allowing for maximum functionality in ingress & egress. The surrounding area possesses a strong retail mix including a new build Chick-fil-A less than a 1000 ft from the subject property. Franchisee is a multi-unit operator in multiple states. Buyer or Buyer’s Agent to verify any & all information. Please reach out to Listing Agent with any questions or further interest.

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$556 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

-

APN/PARCEL ID

T27-080

ASK ABOUT THIS PROPERTY

John RuffMcCoy Wright, Inc.More Info
864-993-1441

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John RuffMcCoy Wright, Inc.More Info
864-993-1441

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