Starbucks | 321 N GA Highway 49 N
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Starbucks 321 N GA Highway 49 N
2,600 SF Retail Building Byron, GA 31008 £1,725,302 (£664/SF) 5.60% Net Initial Yield
Investment Highlights
- Brand New 10-Year Lease | 2023 Construction | Options To Extend | Corporate Signed | Scheduled Rental Increases
- Directly Off Interstate 75 | Surrounding Retailers | Drive-Thru Equipped
- Starbucks - Q1 2024 Earnings Release
- NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
- Local Demographics In 5-Mile Trade Area | Six-Figure Income
Executive Summary
• Starbucks is directly off Interstate 75 (80,700 VPD), allowing customers to benefit from direct on/off ramp access to the subject site and surrounding trade areas
• The surrounding retailers inlcude Popeyes, Zaxby’s, Burger King, Taco Bell, Chick-fil-A, and more
• The asset is equipped with a drive-thru, maximizing productivity and efficiency at this location
• The surrounding retailers inlcude Popeyes, Zaxby’s, Burger King, Taco Bell, Chick-fil-A, and more
• The asset is equipped with a drive-thru, maximizing productivity and efficiency at this location
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,600 SF
Building Class
B
Year Built
2023
Price
£1,725,302
Price Per SF
£664
Net Initial Yield
5.60%
NOI
£96,633
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Lot Size
2.25 AC
Zoning
C-3/PUD
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 055D-096 | Improvements Assessment | £53,081 |
Land Assessment | £157,022 | Total Assessment | £210,103 |
PROPERTY TAXES
Parcel Number
055D-096
Land Assessment
£157,022
Improvements Assessment
£53,081
Total Assessment
£210,103
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Starbucks | 321 N GA Highway 49 N
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