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Drive-Thru Restaurant Investment
For Sale
$1,500,000

123 Elbert Str, Elberton, GA 30635

Dark Captain D’s drive-thru on a major east-west corridor with strong daily vehicle exposure for an owner-user or redevelopment plan.

Property Size2,618 SF
Price / SF$572.96
Days on Market54

Property Features for 123 Elbert Str

General Information

Standard status Active
Size 2,618 SF
Property subtype Restaurant
Lease Type NNN

Additional Details

Cap Rate 6.8%
Traffic Count 17,000 vehicles/day

Amenities

Dark Captain D's Drive Thru Building | Owner User/Redevelopment Opportunity
Proven Fast Food Corridor with Several High Performing QSR Tenants Including McDonald's (Ranked in Top 15% in Gross Sales in Georgia), Bojangles (Ranked Top 10% in Gross Sales in Georgia) and Others
Located in Prime Location at Center of Elberton | Elbert St. is the Main East/West Thoroughfare with over 17,000 VPD
Available Significantly Below Replacement Cost | Existing Drive-Thru Infrastructure Creates Significant Cost Savings
Elberton's Economy is Supported by One of the Largest Granite Manufacturing and Memorial Production Clusters in the United States, Generating Stable Blue-Collar Employment and Daily Commuter Traffic

Building Details

Building Size 2,618 SF
Listing Agency: Marcus & Millichap | Dallas
Listed By: Sam Noe · License #License(s): TX: 787590
Source: Marcusmillichap
Added: Jun 28 Changed: Aug 8 Last Checked: Aug 20 at 4:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Dallas

Investment Insights

Based on property information with market context.

This offering features a dark Captain D’s drive-thru restaurant with a configuration designed for quick-service service and customer flow. The property is presented as an owner-user or redevelopment opportunity, with the existing improvements positioned to support a variety of reuse concepts.

Located on Elbert Street, identified as the city’s main east-west thoroughfare, the site benefits from prominent visibility and exposure to more than 17,000 vehicles per day, supporting strong brand recognition for passing traffic. The property sits in Elberton’s primary commercial corridor, surrounded by a mix of national, regional, and local businesses. It is also adjacent to successful fast-food operators, including a McDonald’s location and a Bojangles location, reflecting the strength of the immediate retail environment.

For tenants, buyers, and operators, the drive-thru format and high-traffic positioning create a practical fit for quick-service restaurant users and concept operators seeking a corridor-based presence. For an owner-user or developer, the “dark” status and existing drive-thru infrastructure provide a straightforward platform to reposition the site within a retail cluster already oriented toward everyday consumer demand.

Key Highlights

  • Dark Captain D’s drive‑thru restaurant at 123 Elbert Street in Elberton, GA
  • Located on Elbert Street, the city’s main east‑west thoroughfare, with traffic exposure of 17,000+ vehicles per day
  • In Elberton’s primary commercial corridor with surrounding national, regional, and local businesses

Property Analytics

Current Use

Captain D's Restaurant

Suggested Use

Top Pick Real Estate Agency HVAC Service Dental Office Garden Center Storage Facility Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

627
Businesses Nearby
69k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Shops & Services 26% Hotels & Casinos 2%
McDonald's Dining
22,497 visits/mo 0.3 miles
Bojangles' Famous Chicken 'n Biscuits Dining
12,218 visits/mo 0.2 miles
KFC Dining
5,505 visits/mo 0.3 miles
La Fogata Dining
4,408 visits/mo 0.2 miles
Shell Shops & Services
3,656 visits/mo 0.1 miles

Demographics for 30635, GA

15,365
Population
7,422
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
86%
High-School Grad
280.6 sq mi
ZIP Area
55
Density / Sq Mi
$45,368
Median Household Income
$38,339
Median Earnings
$866
Median Rent
$117,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Dark Captain D’s drive-thru on a major east-west corridor with strong daily vehicle exposure for an owner-user or redevelopment plan.
Where is this drive through restaurant located?
The property is located at 123 Elbert Str Elberton, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Dark Captain D’s drive‑thru restaurant at 123 Elbert Street in Elberton, GA; Located on Elbert Street, the city’s main east‑west thoroughfare, with traffic exposure of 17,000+ vehicles per day; In Elberton’s primary commercial corridor with surrounding national, regional, and local businesses
More about this property
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