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    36 Merchants Ave Blairsville, GA

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    For Sale
    Contact for pricing

    Drive-in restaurant with a long-term lease and rental increases.

    Property size:
    1,246 SF
    Lot size:
    2.53 Acres

    Property Features for 36 Merchants Ave

    General Information

    Size
    1,246 SF
    Lot size
    2.53 Acres

    Source: SRS Real Estate Partners | Fort Lauderdale Agent Patrick Nutt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Blairsville Drive-In Restaurant For Sale

    This property is a drive-in restaurant. The tenant has a brand new 20-year lease with 4 (5-year) options, demonstrating a long-term commitment to the site. The lease features 10% rental increases every five years throughout the initial term and at the beginning of each option. The property is occupied by Sonic, founded in 1953, which is the largest drive-in restaurant brand in the United States with more than 3,524 restaurants in 47 states. The property is located at 36 Merchants Ave, Blairsville, GA and has a property size of 1246 square feet.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Blairsville
    County
    Union
    State
    Georgia
    Longitude
    -83.9582412
    Latitude
    34.8761989

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    FAQs

    What type of property is this?
    Drive through restaurant - Drive-in restaurant with a long-term lease and rental increases.
    Where is this drive through restaurant located?
    The property is located at 36 Merchants Ave Blairsville, GA.
    What are key features of this property?
    This property features: - Brand new 20-year lease with 4 (5-year) options.; - 10% rental increases every five years throughout the initial term and at the beginning of each option.; - Sonic is the largest drive-in restaurant brand in the United States.
    (954) 703-3600
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36 Merchants Ave Blairsville, GA
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