You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

36 Merchants Ave Blairsville, GA 30512

1,246 SF 1.15 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, fee-simple Sonic Drive-In restaurant located at 36 Merchants Ave, Blairsville, GA 30512. Built in 2024, this 1,246 square foot QSR boasts a strong 100% occupancy rate under a 20-year Absolute NNN lease with a corporate guarantee from Sonic. The lease includes four 5-year renewal options, with 10% rental increases every five years, ensuring consistent income growth. The property sits on a 1.15-acre lot with ample parking (18 spaces) and benefits from excellent visibility and access along Young Harris Highway (20,100 vehicles per day). The property's Net Operating Income (NOI) is $125,000, resulting in a 5.25% cap rate. The asking price is $2,381,000 ($1,910.91 per square foot). This prime location in a dense retail corridor is further enhanced by its proximity to Union General Hospital and nearby schools, serving a strong demographic area with six-figure incomes. The property is zoned for General Commercial use and features a robust tenant with a proven track record. This is a rare opportunity to acquire a high-performing, low-maintenance investment with significant long-term potential. The APN is 085 105 B.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 1,246 SF
Lot 1.15 ac (50,094 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 36 Merchants Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message