For Sale
$3,000,000

4292 Washington Rd Evans, GA 30809

High-return Taco Bell net lease

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a freestanding, 2,212-square-foot Taco Bell restaurant located at 4292 Washington Rd, Evans, GA 30809. Built in 1998 on a 19,839-square-foot lot, this single-story building offers a secure, 35-year corporate lease with a built-in 7.5% rent increase every five years, ensuring consistent long-term value and growth. The property boasts a strong 4.58% cap rate and a net operating income (NOI) of $137,500, representing a compelling return on investment. The asking price is $3,000,000, translating to $1,356.24 per square foot. Situated in a high-traffic area, this C-2 zoned property benefits from excellent visibility and accessibility, making it an ideal investment for discerning retail investors seeking a stable, high-performing asset with a nationally recognized brand. The property's location within the thriving Evans commercial hub guarantees consistent customer flow and significant potential for future appreciation. This is a rare opportunity to acquire a well-established, income-producing property with a proven track record of success.

Highlights

  • $3,000,000 asking price for a Taco Bell restaurant.
  • 2,212 square foot building on a 19,839 square foot lot.
  • 4.58% cap rate with a $137,500 NOI.
  • Secure 35-year corporate lease with Taco Bell, including 7.5% rent increases every 5 years.
  • High visibility location in Evans, Georgia, with strong foot traffic.

Property Details for 4292 Washington Rd

Property type
Retail properties, Restaurants
Square Feet
2,212 SF
Year Built
1998
Buildings
1
Stories
1
Units
1

Location Insight

City
Evans
County
Columbia
State
Georgia
Latitude
33.5346747
Longitude
-82.1269684

FAQs

What type of property is this?
Retail property - High-return Taco Bell net lease
Where is the retail property located?
The property is located at 4292 Washington Rd Evans, GA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: $3,000,000 asking price for a Taco Bell restaurant.; 2,212 square foot building on a 19,839 square foot lot.; 4.58% cap rate with a $137,500 NOI.
How can I contact the broker?
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4292 Washington Rd
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