For Sale
$1,125,000

323 Liberty St Waynesboro, GA 30830

Georgia QSR, 15-Year Lease, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a single-tenant, 1,753 square foot Huddle House restaurant located at 323 S Liberty St, Waynesboro, GA 30830. The property boasts a strong 5.88% cap rate and a substantial net operating income (NOI) of $66,113. Built in 1983 and renovated in 2017, this Class A, absolute NNN leased property sits on a 0.46-acre lot. The 15-year lease commenced September 1st, 2024, offering significant long-term stability. The property's prime location near major retailers like Walgreens, Popeyes, and several schools ensures high visibility and consistent traffic. The proximity to Burke County Medical Center further enhances its appeal. With two lease options remaining, this stabilized investment offers a compelling return on investment. The asking price is $1,125,000, translating to a price per square foot of $641.76. The property features one building, one story, and is categorized as QSR/Fast Food retail. The APN is W12 003. This is a for-sale-by-owner opportunity.

Highlights

  • 1,753 SF Huddle House restaurant on a 0.46-acre lot in Waynesboro, GA.
  • Absolute NNN lease with 15 years remaining, starting September 1, 2024, and two remaining options.
  • Strong 5.88% cap rate and $66,113 NOI.
  • Asking price: $1,125,000 ($641.76/SF).
  • Prime location near major retailers and Burke County Medical Center.
  • Class A property, built in 1983, renovated in 2017.

Property Details for 323 Liberty St

Property type
Retail properties
Square Feet
1,753 SF
Class
A
Year Built/Renovated
1983/2017
Buildings
1
Stories
1
Lot Size (sq. ft)
20,038 SF
Units
1

Location Insight

City
Waynesboro
County
GA
State
Georgia
Latitude
33.083077604575
Longitude
-82.011212421047

FAQs

What type of property is this?
Retail property - Georgia QSR, 15-Year Lease, High NOI
Where is the retail property located?
The property is located at 323 Liberty St Waynesboro, GA.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: 1,753 SF Huddle House restaurant on a 0.46-acre lot in Waynesboro, GA.; Absolute NNN lease with 15 years remaining, starting September 1, 2024, and two remaining options.; Strong 5.88% cap rate and $66,113 NOI.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
323 Liberty St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message