Single Tenant Restaurant
3460 Cypress Mill Rd Brunswick, GA 31520
For Sale
Contact for pricing
Restaurant building for sale, currently operating on a month-to-month lease.
Property Size2,780 SF
Lot Size0.52 Acres
Price / SF$201.44
Days on Market613
Property Features for 3460 Cypress Mill Rd
General Information
- Standard status
- Active
- Size
- 2,780 SF
- Lot size
- 0.52 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1976
Listing Agency:
Driggers Commercial Group Inc
(912) 634-5900
Listed By:
Russell Sweat · License #GA 150051
Source:
Crexi
Added: Nov 18, 2024
Changed: Jul 10
Last Checked: Jul 23 at 11:01AM
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 Driggers Commercial Group Inc
Investment Insights
Based on property information with market context.
This single-tenant restaurant building, situated on a 0.52-acre site, offers 2,780 square feet of space. The property is zoned for highway commercial use and is an outparcel to Cypress Mill Square, a shopping center anchored by Big Lots. The location benefits from its proximity to national tenants such as McDonald’s, Walgreens, and Walmart Neighborhood Market. The daily traffic count along Cypress Mill Road in 2023 was 12,100.
Key Highlights
- Outparcel to Cypress Mill Square (Big Lots anchored shopping center)
- Highway Commercial Zoning
- Located near McDonald’s, Walgreens and Walmart Neighborhood Market
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.0k | $14.04 |
| − Vacancy | −$2.7k | −$0.95 |
| EGI | $36.4k | $13.09 |
| − OpEx | −$9.1k | −$3.27 |
| NOI | $27.3k | $9.81 |
2,780 SF · lease $14.04/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$389.8K
$341.0K – $454.7K
NOI $27,283 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$577.0K
$504.8K – $673.1K
NOI $40,387 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
El Potro Mexican ...
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Restaurant building for sale, currently operating on a month-to-month lease.
Where is this conventional restaurant located?
The property is located at 3460 Cypress Mill Rd Brunswick, GA.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Outparcel to Cypress Mill Square (Big Lots anchored shopping center); Highway Commercial Zoning; Located near McDonald’s, Walgreens and Walmart Neighborhood Market
