438 Main StSwainsboro, GA 30401

  • Retail properties
  • 1,732 SF
For Sale
$1,068,000 View listing

Property Details for 438 Main St

Year built
1980
Lot size
0.83 AC
Property size (Sq ft)
1,732 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

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.

438 Main St, Swainsboro, Georgia

Location Insight

City
Swainsboro
County
Emanuel
State
Georgia
Latitude
32.586
Longitude
-82.3243

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