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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

333 Tormenta Way Statesboro, GA 30458

5,000 SF 1.74 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 5,000-square-foot, Class A Chick-fil-A in Statesboro, Georgia. Built in 2024, this property sits on a 1.74-acre lot and benefits from a 15.1-year absolute NNN ground lease with a corporate guarantee from Chick-fil-A. The lease commenced May 9th, 2024, and expires May 31st, 2039, with a remaining term of 14.5 years. Rent increases by 10% every five years, and ten 5-year renewal options are included. The property boasts a 4.00% cap rate and a current NOI of $175,000, with an asking price of $4,375,000 ($875 per square foot). Strategically located at 333 Tormenta Way, this Chick-fil-A enjoys high visibility and traffic counts exceeding 79,500 vehicles per day. Its prime location is adjacent to Georgia Southern University, a rapidly expanding campus with over 27,000 undergraduate students, and near the top-performing Publix in Georgia. This location is part of a growing retail area, further enhancing its value and potential for long-term returns. The property's strong tenant, favorable lease terms, and prime location make it an attractive investment opportunity with significant upside potential.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 5,000 SF
Lot 1.74 ac (75,794 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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