For Sale
$5,278,000

736 Forsyth St Americus, GA 31709

High-Yield QSR in Americus, GA

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a fee-simple, 4,526 square foot Chick-fil-A restaurant in Americus, Georgia. Built in 2022, the property boasts a double drive-thru and sits on a 1.869-acre lot with excellent visibility on E Forsyth Street, a major retail corridor with 12,800 AADT. The 15-year absolute NNN lease commenced November 17, 2022, and includes 10% rent bumps every five years, extending to November 30, 2037. The property offers a compelling 4.55% cap rate with a strong NOI of $240,141 and a price per square foot of $1,166.15. The asking price is $5,278,000. Americus, the county seat of Sumter County, benefits from a robust daytime population of 23,807 within a five-mile radius and an average household income of $68,809. Its proximity to Georgia Southwestern State University (approximately 1 mile away) further enhances its appeal. This location enjoys limited competition, being the only Chick-fil-A within a 30+ mile radius, and boasts an impressive 470,000 annual visits according to Placer.Ai. The property offers significant depreciation benefits due to its new construction and the unique fee-simple ownership structure. This is a rare opportunity to acquire a high-performing Chick-fil-A with a long-term lease and significant upside potential. The property's strategic location and strong tenant history make it an attractive addition to any investment portfolio.

Highlights

  • 15-Year Absolute Net Lease to Chick-fil-A, no landlord responsibilities.
  • Fee Simple ownership of a newly constructed Chick-fil-A, offering depreciation benefits.
  • 2022-built Chick-fil-A with double drive-thru.
  • Exceptional location with highest average unit volume among QSRs.
  • High traffic location with 470,000 annual visits.
  • Dominant market position; only Chick-fil-A within a 30+ mile radius.

Property Details for 736 Forsyth St

Property type
Retail properties, Restaurants
Square Feet
4,526 SF
Year Built
2022
Lot Size (sq. ft)
81,414 SF

Location Insight

City
Americus
County
Sumter
State
Georgia
Latitude
32.0740826
Longitude
-84.2211921

FAQs

What type of property is this?
Retail property - High-Yield QSR in Americus, GA
Where is the retail property located?
The property is located at 736 Forsyth St Americus, GA.
What is the asking price?
The asking price for this property is $5,278,000.
What are key features of this property?
This property features: 15-Year Absolute Net Lease to Chick-fil-A, no landlord responsibilities.; Fee Simple ownership of a newly constructed Chick-fil-A, offering depreciation benefits.; 2022-built Chick-fil-A with double drive-thru.
How can I contact the broker?
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736 Forsyth St
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