438 Main St Swainsboro, GA 30401
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Net Lease Restaurant Investment, 6% Cap Rate
Property size:
1,732 SFProperty Features for 438 Main St
General Information
- Property type
- Restaurants
- Square Feet
- 1,732 SF
- Lot Size
- 36,155 SF
Building Details
- Year Built
- 1980
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agency: Exclusive Realty Listing Agent: Steve Sagmani
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 1,732 square foot Huddle House restaurant located at 438 S Main St, Swainsboro, GA 30401. The property sits on a 0.83-acre lot and features a single-story building constructed in 1980 with a permitted commercial zoning. Currently operating under a Net Lease (NNN) agreement with a 100% occupancy rate, the lease has 14 years remaining on a 20-year term, with 7.5% rent bumps every 5 years and three (5) year lease options. The property generates a Net Operating Income (NOI) of $64,080, resulting in a 6.00% capitalization rate. The asking price is $1,068,000. This turnkey investment offers significant potential for long-term growth and stability in a thriving community. The location boasts high visibility and accessibility, with over 14,000 vehicles passing daily. The surrounding area has a population exceeding 11,000 residents within a 5-mile radius and an average annual household income exceeding $127,000 within a 3-mile radius. This is a rare opportunity to acquire a well-established, high-performing restaurant property with a strong tenant and favorable lease terms.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Swainsboro
- County
- Emanuel
- State
- Georgia
- Longitude
- -82.3242689
- Latitude
- 32.5859827
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FAQs
What type of property is this?
Restaurant - Net Lease Restaurant Investment, 6% Cap Rate
Where is this restaurant located?
The property is located at 438 Main St Swainsboro, GA.
What is the asking price?
The asking price for this property is $1,068,000.
What are key features of this property?
This property features: Triple Net (NNN) Lease; tenant responsible for all operating expenses.; High visibility location with over 14,000 vehicles passing daily.; Dense population: over 11,000 residents within a 5-mile radius.
