1758 Washington Rd Thomson, GA 30824-7201

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.