91 Briarwood Ln - Restaurant FOR SALE


Statesboro, GA 30458
$2,011,429 USD
706-207-5262
91 Briarwood Ln, Statesboro, GA for Sale
$2,011,429 USD
Restaurant - FOR SALE
1/6
null | 7% Cap Rate

91 Briarwood Ln
Statesboro, GA 30458


HIGHLIGHTS

  • Established Restaurant
  • Corporate store location
  • High Traffic Area
  • 1.6 miles from Georgia Southern campus

OVERVIEW

4,082 SF restaurant was built in 2002 for Locos and remains a ‘corporate store’ owned and operated by the franchisor today. It is a stable asset in a highly visible and profitable location that has developed a loyal customer base from nearby schools, offices, and businesses, and it continues to reach new customers as a result of its proximity to local hotels. The restaurant sits on 2.09 acres with 400’ frontage along Veterans Memorial Highway. Access is via four way signaled intersection of Hwy 301/Route 67. Both roadways see an excess of 23,000 cars AADTV. NEW ROOF installed in Summer 2024. Locos Grill & Pub was founded in Athens, GA in 1988 and has six locations across the state. 1.6 miles from Georgia Southern campus 0.9 miles from East GA Regional Medical Hospital 4 miles from Ogeechee Tech 6 miles from Gateway Industrial Park

FOR SALE DETAILS

PRICE

$2,011,429 USD

PRICE/SF

$493 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Locos Grill & Pub

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

73

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

CR

APN/PARCEL ID

MS75000012-004

ASK ABOUT THIS PROPERTY

Christopher BlackmonAtlas Real Estate AdvisorsMore Info
706-207-5262

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Christopher BlackmonAtlas Real Estate AdvisorsMore Info
706-207-5262

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