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NNN Restaurant Ground Lease

1519 Tallahassee Hwy, Bainbridge, GA 39819

For Sale
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The corporately guaranteed lease provides scheduled rent increases and four renewal options, with no landlord responsibilities under its absolute NNN structure.

Property Size5,780 SF
Lot Size2.07 Acres
Price / SF$485.12
Days on Market8

Property Features for 1519 Tallahassee Hwy

General Information

Standard status Active
Size 5,780 SF
Lot size 2.07 Acres
Property subtype Retail
Net Operating Income $150,000

Financials

Asking Price $2,804,000
Cap Rate 5.35%

Site & Location

Traffic Count 7,520 vehicles/day
Road Access Yes

Additional Details

Tenant in Place Yes
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License #NC 288268
Source: Crexi
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 8 at 6:04PM

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 Atlantic Capital Partners

Rey
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Investment Insights

Based on property information with market context.

This newly constructed LongHorn Steakhouse restaurant occupies 5,780 SF on 2.07 acres. The property is subject to an absolute NNN ground lease, with a corporate guarantee from LongHorn Steakhouse, a wholly owned subsidiary of Darden Restaurants, Inc. (S&P: BBB). Rent began October 19, 2026, and the initial term runs through October 31, 2036. A 10% increase is scheduled for year six, followed by four five-year renewal options, each with a 10% increase, extending the potential lease term through 2056.

The restaurant fronts Tallahassee Highway, which carries 7,520 VPD. It is situated in Bainbridge’s hotel and retail corridor, with The Home Depot, Walmart Supercenter, and Holiday Inn Express nearby. Bainbridge is approximately 38.5 miles north of Tallahassee.

Key Highlights

  • Newly constructed LongHorn Steakhouse restaurant with 5,780 SF on 2.07 acres
  • Absolute NNN ground lease with a corporate guarantee from Darden Restaurants subsidiary LongHorn Steakhouse (S&P: BBB)
  • Lease term runs October 19, 2026 to October 31, 2036; 10% rent increase in year six

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Law Firm Kitchen & Bath Showroom Auto Parts Store Nail Salon Building Supply

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

7,520 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby
215k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 38% Dining 36% Home Improvements & Furnishings 21% Hotels & Casinos 2%
Chick-fil-A Dining
39,078 visits/mo 0.0 miles
Wawa Shops & Services
37,763 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
24,891 visits/mo 0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
20,671 visits/mo 0.3 miles
Murphy USA Shops & Services
13,191 visits/mo 0.4 miles

Demographics for 39819, GA

12,117
Population
5,750
Households
2.1
Avg Household Size
41
Median Age
19%
College-Educated
81%
High-School Grad
150.1 sq mi
ZIP Area
81
Density / Sq Mi
$42,654
Median Household Income
$32,972
Median Earnings
$871
Median Rent
$168,500
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

Frequently Asked Questions

What type of property is this?
NNN property - The corporately guaranteed lease provides scheduled rent increases and four renewal options, with no landlord responsibilities under its absolute NNN structure.
Where is this nnn property located?
The property is located at 1519 Tallahassee Hwy Bainbridge, GA.
What is the asking price?
The asking price for this property is $2,804,000.
What are key features of this property?
This property features: Newly constructed LongHorn Steakhouse restaurant with 5,780 SF on 2.07 acres; Absolute NNN ground lease with a corporate guarantee from Darden Restaurants subsidiary LongHorn Steakhouse (S&P: BBB); Lease term runs October 19, 2026 to October 31, 2036; 10% rent increase in year six
(704) 375-7771 · Office Call to check price and availability
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