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Whataburger 30856 US-441 3,751 SF Retail Building Commerce, GA 30529 $3,726,970 CAD ($993.59 CAD/SF) 5.15% Cap Rate

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EXECUTIVE SUMMARY

Corporate Lease: Initial 15 year lease with Whataburger., with more than 1000 locations across the US.
Passive Ownership Opportunity: Absolute NNN Ground leases - The tenant is responsible for all Taxes, CAM, and insurance, providing minimal landlord ownership responsibilities.
Scheduled Rent Increases: The lease calls for rental increases of 10% every five years including the option periods.
Interstate Access: Situated directly on U.S. Highway 441, a key north-south route that ensures easy access to nearby cities and regions, with a traffic volume of 31,300 vehicles per day.
Accessibility: The advantageous location near Interstate 85, a vital route for regional and interstate travel, provides high visibility and easy access for local residents and travelers alike.
Economic Investment: The SK Battery America facility in Commerce, Georgia, is located less than 1.5 miles from the property and represents a $2.6 billion investment in EV battery production, creating over 3,000 high-skilled jobs.
Retail Corridor: Located near major retail centers such as the Tanger Outlets, Walmart Supercenter, and Banks Crossing Mall, this site attracts shoppers and expands the potential customer base.
Nearby National Retailers: Additional national retailers in the area Taco Bell, Bojangles, Outback Steakhouse, Walmart Super Center, Home Depot and JD Sports.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,751 SF
Building Class
C
Year Built
2023
Price
$3,726,970 CAD
Price Per SF
$993.59 CAD
Cap Rate
5.15%
NOI
$191,939 CAD
Tenancy
Single
Building Height
1 Story
Lot Size
64.42 AC

NEARBY MAJOR RETAILERS

Zaxby's
Waffle House
Fuddruckers
LongHorn Steakhouse
Five Guys
Buddy's Home Furnishings
Bestway Rent to Own
Outback Steakhouse
Planet Fitness
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B55-006
Land Assessment
$1,712,737 CAD
Improvements Assessment
$241,551 CAD
Total Assessment
$1,954,288 CAD
  • Listing ID: 33832836

  • Date on Market: 2024-11-11

  • Last Updated:

  • Address: 30856 US-441, Commerce, GA 30529

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