Tropical Smoothie Cafe | 11710 Abercorn St
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Tropical Smoothie Cafe 11710 Abercorn St
1,558 SF Retail Building Savannah, GA 31419 $2,072,000 ($1,330/SF) 5.75% Cap Rate
Investment Highlights
- Located on Abercorn St (45,500+ VPD) w/ 83,981+ Residents Living w/in 5-Miles w/ an Avg. HH Income of $93,228+
- Adjacent to St. Joseph’s Hospital & Emergency Room (714 Beds)
- Savannah | Attracts Over 17 Million Visitors Annually | Population: 147,930+
- Benefits from Location Across from Publix & Near Lowes, Home Depot, Hobby Lobby, Chick-fil-A, CVS, & Much More
- Lease Guaranteed by DYNE Hospitality Group, Largest Franchisee in Tropical Smoothie Café System w/ 100+ Locations in Operation
Executive Summary
15+ Years of Absolute NNN Lease Remaining with 1.5% Annual Rental Increases
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,558 SF
Building Class
B
Year Built
2019
Price
$2,072,000
Price Per SF
$1,330
Cap Rate
5.75%
NOI
$119,140
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.46 AC
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2075502021 | Improvements Assessment | $148,120 |
| Land Assessment | $176,320 | Total Assessment | $324,440 |
PROPERTY TAXES
Parcel Number
2075502021
Land Assessment
$176,320
Improvements Assessment
$148,120
Total Assessment
$324,440
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Tropical Smoothie Cafe | 11710 Abercorn St
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