323 Liberty St Waynesboro, GA 30830
- Turn key restaurants
- 1,753 SF
- 0.46 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 323 Liberty St
- Year built
- 1983
- Construction
- METAL FRAME
- Lot size
- 0.46 lot acres
- Property size
- 1,753 SF
- Zone code
- C-2
- Property type
- Turn key restaurants
- APN
- W12-003
- APU
- W12003
Description
This exceptional investment opportunity presents a single-tenant, 1,753 square foot Huddle House restaurant located at 323 S Liberty St, Waynesboro, GA 30830. The property boasts a strong 5.88% cap rate and a substantial net operating income (NOI) of $66,113. Built in 1983 and renovated in 2017, this Class A, absolute NNN leased property sits on a 0.46-acre lot. The 15-year lease commenced September 1st, 2024, offering significant long-term stability. The property's prime location near major retailers like Walgreens, Popeyes, and several schools ensures high visibility and consistent traffic. The proximity to Burke County Medical Center further enhances its appeal. With two lease options remaining, this stabilized investment offers a compelling return on investment. The asking price is $1,125,000, translating to a price per square foot of $641.76. The property features one building, one story, and is categorized as QSR/Fast Food retail. The APN is W12 003. This is a for-sale-by-owner opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waynesboro
- County
- Burke
- State
- Georgia
- Longitude
- -82.0111
- Latitude
- 33.0834
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
