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    4240 Washington Rd Evans, GA 30809

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    For Sale
    $1,187,000

    Sale-leaseback ground lease with zero landlord responsibilities and strong lease terms.

    Property size:
    1,490 SF
    Lot size:
    0.63 Acres

    Property Features for 4240 Washington Rd

    General Information

    Size
    1,490 SF
    Lot size
    0.63 Acres

    Source: Furman Capital Advisors Agent Robert Schmidt

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

    Overview

    NNN Investment Opportunity in Evans

    This property is offered as a sale-leaseback ground lease structure, ensuring a passive investment with no landlord responsibilities for maintenance, insurance, or tax obligations. The initial lease term is 15 years, with options for an additional 20 years. Scheduled rent increases of 10% every five years provide long-term, reliable income, cash flow stability, and a hedge against inflation. The property is offered at just under $1.2 million and features a well-located asset with stable cash flows and a proven, established tenant. The property size is 1490 square feet and is located in Evans, GA.
    Insight Report Location Intelligence

    Current Use by Public Records

    Take 5 Oil ... Oil Change Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Kroger Floral

    Location Insight

    • Map
    • Local Demand
    City
    Evans
    County
    Columbia
    State
    Georgia
    Longitude
    -82.124723
    Latitude
    33.531306

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    FAQs

    What type of property is this?
    Storefront property - Sale-leaseback ground lease with zero landlord responsibilities and strong lease terms.
    Where is this storefront property located?
    The property is located at 4240 Washington Rd Evans, GA.
    What is the asking price?
    The asking price for this property is $1,187,000.
    What are key features of this property?
    This property features: - 15-year initial lease term with option to extend for 20 years.; - Zero landlord responsibilities (ground lease structure).; - Scheduled 10% rent increases every five years.
    (864) 678-5995
    Request Owner's contact information
    4240 Washington Rd Evans, GA 30809
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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
    4240 Washington Rd Evans, GA 30809
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