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Starbucks | 1758 Washington Road
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Starbucks 1758 Washington Road
2,620 SF Retail Building Thomson, GA 30824 $3,024,631 CAD ($1,154 CAD/SF) 5.50% Cap Rate
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INVESTMENT HIGHLIGHTS
- 21% rent increase in Option 1
- 0.4 miles from Exit 172 on I-20 | 30,600 VPD | Major highway connecting Atlanta to Augusta, GA
- Corporate lease | Starbucks Corporation | 35,711 locations worldwide | Investment grade credit | Baa1/BBB+
- 2022 new construction
- New 10-year lease
- Great visibility & access from Washington Rd | 13,300 VPD
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Starbucks in Thomson, GA. We welcome your review of this attractive investment.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
2,620 SF
Year Built
2022
Price
$3,024,631 CAD
Price Per SF
$1,154 CAD
Cap Rate
5.50%
NOI
$166,347 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.74 AC
Opportunity Zone
Yes
Zoning
C2
Parking
22 Spaces (8.4 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 0T070 00000 001 000 | Improvements Assessment | $413,577 CAD |
Land Assessment | $284,324 CAD | Total Assessment | $697,902 CAD |
PROPERTY TAXES
Parcel Number
0T070 00000 001 000
Land Assessment
$284,324 CAD
Improvements Assessment
$413,577 CAD
Total Assessment
$697,902 CAD
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Presented by
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Starbucks | 1758 Washington Road
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