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Sonic 1803 E. Lyons Highway 1,236 SF Retail Building Vidalia, GA 30474 $2,690,923 CAD ($2,177.12 CAD/SF) 5.85% Cap Rate
Investment Highlights
- 20-Year Sale-Leaseback | Experienced Operator (200+ Units) | Options To Extend | Scheduled Rental Increases | Only Sonic Within 25 Miles
- Memorial Health Meadows Hospital | Prime Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
The subject property is strategically positioned in a high-traffic retail corridor, surrounded by national brands including Walmart Supercenter, Lowe’s, Food Lion, Starbucks, Save-A-Lot, and more. It is just two minutes from Brice Square, a 313,000+ SF Big Lots–anchored shopping center that attracts approximately 2.2 million annual visits, driving consistent consumer traffic and reinforcing the area’s retail strength. Additionally, the site is located just minutes from Memorial Health Meadows Hospital, a regional acute-care facility with approximately 57 licensed beds that serves as a critical healthcare hub for Southeast Georgia. The 5-mile trade area is supported by more than 19,500 residents and 11,400 employees, with an average household income of $74,012, demonstrating strong local demographics that support sustained retail demand.
Property Facts
Sale Type
Investment
Property Type
Building Size
1,236 SF
Year Built
1992
Price
$2,690,923 CAD
Price Per SF
$2,177.12 CAD
Cap Rate
5.85%
NOI
$157,404 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.46 AC
Zoning
C-3 - Highway Oriented
Parking
24 Spaces (19.42 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Sonic
- Retailer
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Sonic | Retailer | 99,999 SF | - | - |
Nearby Major Retailers
1 of 10
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Sonic | 1803 E. Lyons Highway
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