Starbucks | 1758 Washington Road
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Starbucks 1758 Washington Road
2,620 SF Retail Building Thomson, GA 30824 $2,091,000 ($798/SF) 5.50% Cap Rate
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
$2,091,000
Price Per SF
$798
Cap Rate
5.50%
NOI
$115,000
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
PROPERTY TAXES
| Parcel Number | 0T070 00000 001 000 | Improvements Assessment | $285,916 |
| Land Assessment | $196,560 | Total Assessment | $482,476 |
PROPERTY TAXES
Parcel Number
0T070 00000 001 000
Land Assessment
$196,560
Improvements Assessment
$285,916
Total Assessment
$482,476
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Starbucks | 1758 Washington Road
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