5328 New Jesup HwyBrunswick, GA 31523

  • Commercial real estate
  • 1.01 AC
For Sale
$3,421,052 View listing

Property Details for 5328 New Jesup Hwy

Year built
1984
Lot size
1.01 AC
Zone code
FC
Property type
Commercial real estate
APN
03-06309
APU
306309

Description

This exceptional investment opportunity presents a sale-leaseback of a Sonny's BBQ restaurant in Brunswick, Georgia. The property, located at 5328 New Jesup Hwy, boasts 6,568 square feet on a 2.41-acre lot and features a recently renovated (2022) building with a drive-thru. The property benefits from a strong retail location near Interstate-95, surrounded by national and local tenants including Winn-Dixie, Texaco, AutoZone, CVS, and Shell. A 15-year absolute NNN lease with a 29-unit franchisee operator, iServ BBQ, LLC, is in place, offering a 6.65% cap rate and $227,500 in annual net operating income (NOI). The lease includes 7% rent bumps every five years and four five-year renewal options, extending the potential lease term to 35 years. The asking price is $3,421,052 ($520.87/sq ft). This fee-simple ownership offers a secure, long-term investment with minimal landlord responsibilities. The property's location in a high-traffic area, coupled with the established Sonny's BBQ brand and the long-term lease, makes this a compelling investment prospect. The single-story building was constructed in 1984 and is zoned for commercial use. This is a rare opportunity to acquire a high-performing, established QSR property with significant upside potential.

Location Insight

City
Brunswick
County
Glynn
State
Georgia
Latitude
31.2247
Longitude
-81.5254
CBSA code
15260
CBSA name
BRUNSWICK, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,100
$93,040
$326,480
$419,520
-
$232,600
$816,200
$1,048,800

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