323 Liberty StWaynesboro, GA 30830

Property Details for 323 Liberty St

Year built

1983

Construction

METAL FRAME

Lot size

0.46 AC

Property size (Sq ft)

1,753 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Turn key restaurants

APN

W12-003

APU

W12003

Description

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.

Location Insight

City

Waynesboro

County

Burke

State

Georgia

Latitude

33.0834

Longitude

-82.0111

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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