Property profile

195 Walmart Cir Sandersville, GA 31082

OFF-MARKET
Drive through restaurants
Property ID
US22-3427183
2,432 SF 0.88 ac lot Built 2015
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a Hardee's restaurant located at 195 Walmart Cir, Sandersville, GA 31082. The property boasts a 3,037 square foot building situated on a 0.88-acre lot, featuring 43 parking spaces. Built in 2015, this single-tenant, absolute NNN net lease property offers a remaining lease term of approximately 10.6 years, expiring June 30, 2035, with four 5-year renewal options. The current lease commenced June 12, 2015, and includes fixed 10% rent increases every five years, the next increase effective January 2026. The property benefits from a strong tenant, ARC Burger, a franchisee operating approximately 81 Hardee's locations, and part of High Bluff Capital Partners, which also operates other restaurant brands. The property's strategic location on an outparcel to a Walmart Supercenter, at a signalized intersection on Georgia State Route 15, ensures high visibility and strong traffic flow. Nearby national tenants include TitleMax, Murphy USA, Dollar Tree, Domino's, Tractor Supply Co, Huddle House, Dairy Queen, and O'Reilly Auto Parts. The property features a drive-thru and pylon signage. The asking price is $1,238,585, representing a price per square foot of $407.83 and a 7.00% cap rate, with a current NOI of $86,701. The property's parcel number is 095-049D 01. This investment offers a compelling combination of a long-term lease, strong tenant, and a prime location in a growing market. The tenant is responsible for all property taxes, insurance, repairs, maintenance, utilities, HVAC, roof, structure, parking lot, and common area maintenance.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2015
Construction STEEL FRAME
Total area 2,432 SF
Lot 0.88 ac (38,333 SF)
Zoning code COMMERCIAL
APN 095-049D
UPID US22-3427183

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

195 Walmart Cir Sandersville, GA 31082-6951
Sandersville metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2024
5 recorded transactions
2024
$1.1M
2020
Price N/A
2016
$1.7M
2015
$230,000
2013
Price N/A

Zoning & alternative use

COMMERCIAL · Sandersville, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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