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Popeyes 2491 Tobacco Rd

2,700 SF Retail Building Hephzibah, GA 30815 £1,846,656 (£684/SF) 6.56% Net Initial Yield

Investment Highlights

  • 21,038 VPD
  • 20-Year NNN Lease
  • Access to Tobacco Road and Windsor Spring Road
  • (3) 5-Year Renewal Options

Executive Summary

Oswald Cooke & Associates is pleased to offer 2491 Tobacco Road in Hephzibah, GA available for sale. The Popeye's Louisiana Kitchen franchisee is subject to a 20-Year NNN lease that commenced in January 2020. The tenant has (3) 5-Year renewal options with 5% rental escalations throughout the term and options. The site is located on Tobacco Road (21,038 VPD) and is surrounded by numerous national retailers including Walgreens, Parkers Kitchen, Dollar General, Family Dollar, O'Reilly Auto Parts, Dollar Tree, McDonalds, Sonic, Bilo, BP, Hardee's and many others.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,700 SF
Building Class
B
Year Built
2015
Price
£1,846,656
Price Per SF
£684
Net Initial Yield
6.56%
NOI
£121,141
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
1.31 AC
Zoning
C - Commercial
Parking
34 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
235 ft on Windsor Spring Road

Amenities

  • Signage
  • Drive Thru

Nearby Major Retailers

Waffle House
Walmart Neighborhood Market
Checkers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1414004000
Land Assessment
£108,100
Improvements Assessment
£303,099
Total Assessment
£411,199
  • Listing ID: 34397310

  • Date on Market: 07/01/2025

  • Last Updated:

  • Address: 2491 Tobacco Rd, Hephzibah, GA 30815

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