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Tropical Smoothie Cafe 3285 Inner Perimeter Rd 1,680 SF Retail Building Valdosta, GA 31602 $3,004,249 CAD ($1,788.24 CAD/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Drive Thrru
- Heavily trafficked thoroughfare in Valdosta (Inner Perimeter Road)
- Excellent opportunity for an investor to purchase a stable, long term investment with zero landlord responsibility.
- Over 27,000 vehicles per day
EXECUTIVE SUMMARY
The subject property is a newly constructed Tropical Smoothie Cafe drive-thru located in Valdosta, GA. The 15-year absolute NNN lease includes 10% rental increases every 5 years in the primary term and option periods. The lease is guaranteed by Dyne Hospitality Group, the largest Tropical Smoothie Cafe franchisee in the brand, operating over 120 Tropical Smoothie Cafe locations throughout 8 states.
The property is strategically located in the heart of a dense retail trade area directly across from Walmart and Publix and next to ALDI, Chipotle and Peachtree Immediate Care. The site benefits from excellent access and visibility along the most heavily trafficked thoroughfare in Valdosta (Inner Perimeter Road), which boasts over 27,000 vehicles per day. Additionally, the property is just 2 miles north of Valdosta State University (12,000 students). National retailers in the immediate vicinity include ALDI, Chipotle, Publix, Walmart, Chick-Fil-A, UPS, Walgreens, Blaze Pizza, Dollar Tree, Goodwill, GameStop, T-Mobile, Firestone, Zaxby’s, Verizon, Dollar General, Starbucks, Wells Fargo and many more.
This is an excellent opportunity for an investor to purchase a stable, long term investment with zero landlord responsibility.
The property is strategically located in the heart of a dense retail trade area directly across from Walmart and Publix and next to ALDI, Chipotle and Peachtree Immediate Care. The site benefits from excellent access and visibility along the most heavily trafficked thoroughfare in Valdosta (Inner Perimeter Road), which boasts over 27,000 vehicles per day. Additionally, the property is just 2 miles north of Valdosta State University (12,000 students). National retailers in the immediate vicinity include ALDI, Chipotle, Publix, Walmart, Chick-Fil-A, UPS, Walgreens, Blaze Pizza, Dollar Tree, Goodwill, GameStop, T-Mobile, Firestone, Zaxby’s, Verizon, Dollar General, Starbucks, Wells Fargo and many more.
This is an excellent opportunity for an investor to purchase a stable, long term investment with zero landlord responsibility.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,680 SF
Building Class
B
Year Built
2022
Price
$3,004,249 CAD
Price Per SF
$1,788.24 CAD
Cap Rate
5.50%
NOI
$165,234 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.59 AC
Zoning
C-H - Commercial
Parking
18 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
88’ on Inner Perimeter Road
AMENITIES
- Signage
- Drive Thru
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Tropical Smoothie Cafe
- Retailer
- 1,680 SF
- $98.36 CAD
- Triple Net
- Nov 2037
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Tropical Smoothie Cafe | Retailer | 1,680 SF | $98.36 CAD | Triple Net | Nov 2037 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0109B-147M | Improvements Assessment | $307,183 CAD |
| Land Assessment | $296,493 CAD | Total Assessment | $603,677 CAD |
PROPERTY TAXES
Parcel Number
0109B-147M
Land Assessment
$296,493 CAD
Improvements Assessment
$307,183 CAD
Total Assessment
$603,677 CAD
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Tropical Smoothie Cafe | 3285 Inner Perimeter Rd
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