For Sale
$1,068,000

438 Main StSwainsboro, GA 30401

Net Lease Restaurant Investment, 6% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 1,732 square foot Huddle House restaurant located at 438 S Main St, Swainsboro, GA 30401. The property sits on a 0.83-acre lot and features a single-story building constructed in 1980 with a permitted commercial zoning. Currently operating under a Net Lease (NNN) agreement with a 100% occupancy rate, the lease has 14 years remaining on a 20-year term, with 7.5% rent bumps every 5 years and three (5) year lease options. The property generates a Net Operating Income (NOI) of $64,080, resulting in a 6.00% capitalization rate. The asking price is $1,068,000. This turnkey investment offers significant potential for long-term growth and stability in a thriving community. The location boasts high visibility and accessibility, with over 14,000 vehicles passing daily. The surrounding area has a population exceeding 11,000 residents within a 5-mile radius and an average annual household income exceeding $127,000 within a 3-mile radius. This is a rare opportunity to acquire a well-established, high-performing restaurant property with a strong tenant and favorable lease terms.

Highlights

  • Triple Net (NNN) Lease; tenant responsible for all operating expenses.
  • High visibility location with over 14,000 vehicles passing daily.
  • Dense population: over 11,000 residents within a 5-mile radius.
  • Strong demographics: average household income exceeding $127,000 within a 3-mile radius.
  • Long-term lease with 14+ years remaining.

Property Details for 438 Main St

Property type
Retail properties, Restaurants
Square Feet
1,732 SF
Year Built
1980
Buildings
1
Stories
1
Lot Size (sq. ft)
36,155 SF
Units
1

Location Insight

City
Swainsboro
County
Emanuel
State
Georgia
Latitude
32.5859827
Longitude
-82.3242689
438 Main St, Swainsboro, Georgia

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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 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 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].
438 Main 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