4292 Washington Rd Evans, GA 30809-3070
- Turn key restaurants
- 2,212 SF
- 0.49 lot acres
Oct 28, 2024
Current Use by Public Records
- Taco Bell / Fast Food Restaurant / Burrito Restaurant
Property Details for 4292 Washington Rd
- Year built
- 1998
- Construction
- BRICK
- Lot size
- 0.49 lot acres
- Property size
- 2,212 SF
- Zone code
- C-2;GEN COMM DISTR
- Property type
- Turn key restaurants
- APN
- 072A335
- APU
- 072A335
Description
This exceptional investment opportunity presents a freestanding, 2,212-square-foot Taco Bell restaurant located at 4292 Washington Rd, Evans, GA 30809. Built in 1998 on a 19,839-square-foot lot, this single-story building offers a secure, 35-year corporate lease with a built-in 7.5% rent increase every five years, ensuring consistent long-term value and growth. The property boasts a strong 4.58% cap rate and a net operating income (NOI) of $137,500, representing a compelling return on investment. The asking price is $3,000,000, translating to $1,356.24 per square foot. Situated in a high-traffic area, this C-2 zoned property benefits from excellent visibility and accessibility, making it an ideal investment for discerning retail investors seeking a stable, high-performing asset with a nationally recognized brand. The property's location within the thriving Evans commercial hub guarantees consistent customer flow and significant potential for future appreciation. This is a rare opportunity to acquire a well-established, income-producing property with a proven track record of success.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,750,000
- ML approach
- $2,750,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Evans
- County
- Columbia
- State
- Georgia
- Longitude
- -82.127
- Latitude
- 33.5346
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
