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1352 S Chestatee 2,220 SF Retail Building Dahlonega, GA 30533 $1,205,313 CAD ($542.93 CAD/SF) 5.49% Cap Rate

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Investment Highlights

14,755 VPD Traffic Count on Chestatee

On main road to Daglonega

Executive Summary

Hard to find CLASSIC PIZZA HUT. Building is currently leased to a pizza hut franchisee. This Pizza hut has been thriving here in Dahlonega since 1984. Building is in great shape with having a total upgrade 4 years ago. Locals love it and business is good. Located Off Hwy 60 with a traffic count of 14,755. Building sits on 1.0 acre with water,sewer, turn lane etc.... Ready to roll. Located in Dahlonega GA with great location and future possibilities with the Dahlonega boom coming. In the City Limits. Just 1.3 miles from the historical Dahlonega Square. Must call Listing agent to set up showing. Showings will have to be around the business hours.

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Ground Lease (Leased Fee)

Property Type

Retail

Property Subtype

Freestanding

Building Size

2,220 SF

Building Class

Year Built/Renovated

1984/2020

Price

$1,205,313 CAD

Price Per SF

$542.93 CAD

Cap Rate

5.49%

NOI

$66,120 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.05

Lot Size

1.00 AC

Zoning

B1 - General Business

Frontage

200’ on South Chestatee or Hwy 60

Freeway Visibility

Signage

Major Tenants

Accommodation and Food Services
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Pizza Hut began in 1958, when two brothers borrowed money from their mother to open a pizza place in Wichita, Kansas. The business grew from that single restaurant into a franchised brand with a broad menu centered on pizza, pasta, chicken wings, breadsticks, desserts, and delivery or carryout service. Pizza Hut later became part of Yum! Brands and continues to operate as a global restaurant system with a large franchise network across many markets. The company has also built a history around menu and service milestones, including early online ordering and signature products such as Stuffed Crust and Pan pizza.