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Property profile & analytics
FOR LEASE
Drive through restaurants

1508 Sam Nunn Blvd Perry, GA 31069

2,360 SF 0.69 ac lot Built 2017
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US22-0421755
Property summary
AI-generated overview

This vacant 2,360 square foot fast food building, formerly a Popeye's, presents a compelling investment opportunity in Perry, Georgia. Situated on a 0.69-acre lot at 1508 Sam Nunn Blvd, this fee-simple property boasts excellent visibility and accessibility along a bustling retail corridor with over 17,200 vehicles passing daily. Built in 2017, the building offers immediate potential for redevelopment or re-tenanting to capitalize on the strong local demographics. The surrounding area features a population exceeding 26,000 within a 5-mile radius, boasting an average household income surpassing $117,000. This prime location and substantial traffic count make this property an exceptional investment for owner-users seeking a high-visibility location or investors looking for a strong return. The asking price is $2,044,000. The property is currently vacant, providing flexibility for future tenants or a complete renovation to suit specific business needs. This is a rare opportunity to acquire a well-located, established building in a thriving retail area. Don't miss out on this chance to secure a prominent presence in a high-growth market.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2017
Construction WOOD
Total area 2,360 SF
Lot 0.69 ac (30,056 SF)
Zoning code C1
APN 0P0400 020000
UPID US22-0421755
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
Current use
Occupant on record · Public records
  • Popeyes Louisiana Kitchen Restaurant
  • Generosity Car And Truck Donations Inc Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Perry Nunn Limited Partnership · 7 yrs held
Perry Nunn Limited Partnership
since 2018
4 recorded transactions
2018
$2.2M
2017
Price N/A
2005
$435,000
1969
Price N/A
Zoning & alternative use
C1 · Perry, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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