1758 Washington Rd Thomson, GA 30824-7201
Property Lookup
Property profile & analytics
1758 Washington Rd Thomson, GA 30824-7201
- Drive through restaurants
- 2,521 SF
- 1.73 lot acres
Property ID
US22-2989536
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Drive through restaurants
Property Details for 1758 Washington Rd
- Year built
- 2022
- Construction
- WOOD FRAME
- Lot size
- 1.73 lot acres
- Property size
- 2,521 SF
- Zone code
- C2
- Property type
- Drive through restaurants
- APN
- 0T070 00000 001 000
- APU
- 0T07000000001000
Description
This exceptional investment opportunity presents a 2,620 square foot Starbucks located at 1758 Washington Rd, Thomson, GA 30824. Built in 2022, this single-tenant, net-lease property boasts a strong corporate guarantee from Starbucks Corporation (investment-grade credit rating of Baa1/BBB+), with a remaining lease term of 7.8 years expiring August 30, 2032. The property features a substantial 21% rent increase in the first option period, followed by 10% increases in subsequent options. Situated on a 1.74-acre lot with 22 parking spaces, this location benefits from high visibility and accessibility on Washington Road (13,300 vehicles per day) and proximity to I-20 Exit 172 (30,600 vehicles per day), a major highway connecting Atlanta and Augusta. The property is part of a thriving retail corridor, near Piedmont McDuffie Hospital, Augusta Technical College, and numerous other national retailers. The current Net Operating Income (NOI) is $115,000, representing a 5.50% cap rate on the asking price of $2,091,000 ($798.09 per square foot). The property's strong tenant, favorable lease terms, and prime location make it an attractive investment opportunity. Lease options include 6 and 5-year terms. The property is 100% occupied since August 31, 2022. Permitted zoning is commercial.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Thomson
- County
- Mcduffie
- State
- Georgia
- Longitude
- -82.5023
- Latitude
- 33.5042
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,110
$187,200
$273,088
$460,288
-
$468,000
$682,719
$1,150,719
