Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant Take-out & Catering
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C-2;GEN COMM DISTR · Evans, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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