30870 Us-441 Commerce, GA 30529
- Retail properties
- 3,751 SF
- 1.20 lot acres
Current Use by Public Records
- Retail properties
Property Details for 30870 Us-441
- Year built
- 2024
- Lot size
- 1.20 lot acres
- Property size
- 3,751 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a 3,751 square foot Whataburger restaurant situated on a 1.2-acre lot in Commerce, Georgia. The property boasts a strong 5.00% cap rate and a substantial net operating income (NOI) of $137,500. The absolute NNN ground lease with a corporate guarantee from Whataburger provides a passive ownership experience, with the tenant responsible for all taxes, insurance, and common area maintenance (CAM). The lease, initially spanning 15 years (expiring September 30, 2038), includes three 5-year options, and features a 10% rent increase every five years, ensuring consistent income growth. Located on US Highway 441, with a daily traffic count of 31,300 vehicles, the property benefits from high visibility and accessibility. Its proximity to Interstate 85, the $2.6 billion SK Battery America facility, Tanger Outlets, Walmart Supercenter, Banks Crossing Mall, and other national retailers like Taco Bell, Bojangles, Outback Steakhouse, Home Depot, and JD Sports, contributes to a robust and growing customer base. This is a rare opportunity to acquire a high-performing, low-maintenance, and strategically located net lease property with significant long-term growth potential. The asking price is $2,750,000. The property was built in 2024 and currently enjoys 100% occupancy.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Commerce
- County
- Banks
- State
- Georgia
- Longitude
- -83.4617
- Latitude
- 34.2488
