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Blairsville Drive-In Restaurant For Sale
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36 Merchants Ave, Blairsville, GA

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

Property Size1,246 SF
Lot Size2.53 Acres
Days on Market602

Property Features for 36 Merchants Ave

General Information

Standard status Active
Size 1,246 SF
Lot size 2.53 Acres
Property subtype RETAIL
Listing Agency: SRS Real Estate Partners | Fort Lauderdale
Listed By: Patrick Nutt · License #FL BK3120739
Source: Moodyscre
Added: Dec 5, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:29AM

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 SRS Real Estate Partners | Fort Lauderdale

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Drive through restaurants

Location Intelligence

Trade Area within ½ mile

962
Businesses Nearby

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 - 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) 302-7365 Call to check price and availability
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