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Property profile & analytics
FOR SALE
Drive through restaurants

3835 Appalachian Hwy Blue Ridge, GA 30513

2,406 SF 1 ac lot Built 2021
Entity Owned 5-yr Hold Free & Clear
Property ID
US22-3516977
Property summary
AI-generated overview

This 2,425 square foot Bojangles restaurant, built in 2021, is situated on a 0.714-acre lot in Blue Ridge, Georgia, at 3835 Appalachian Hwy, 30513. The property boasts a strong 5.85% cap rate with a Net Operating Income (NOI) of $150,037. The absolute triple-net (NNN) lease with the tenant, BOJ of WNC, LLC, runs for 16 years, commencing December 30, 2021, and expiring December 30, 2037. The property features 24 parking spaces and is zoned for General Commercial use. This high-performing location is in the top 10% of sales volume for the tenant and benefits from high visibility on Appalachian Highway, with a daily traffic count of 19,100 vehicles. The area is a thriving retail corridor with over 1.1 million square feet of retail space within a two-mile radius, including major retailers such as Walmart, Home Depot, and numerous fast-food chains. Its proximity to Lake Blue Ridge, a major tourist destination, further enhances its investment potential. The location also benefits from its proximity to financial institutions, a hospital, a university campus, a high school, and an airport. This presents a compelling opportunity for investors seeking a stable, high-yield investment in a rapidly growing area.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2021
Construction CONCRETE
Total area 2,406 SF
Lot 1 ac (43,560 SF)
Zoning code RESIDENTIAL
APN 0052 110A
UPID US22-3516977
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
  • Bojangles Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
$425k
Blend (final) Blend
$665k
Owner & transaction history
Ga Blue Ridge Appalachian LLC · 5 yrs held
Ga Blue Ridge Appalachian LLC
since 2021
Last sale
$665,000
1 recorded transaction
2021
$665,000
Zoning & alternative use
RESIDENTIAL · Blue Ridge, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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