1492 E Oglethorpe Highway

    Hinesville, GA 31313
    • $3,485,000
    • STATUS: Active
    • ON SITE: 92 days
    • MLS #: 195453
    UPDATED: 56 min ago
    $3,485,000
    • 0
      BEDS
    • 1.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,250
      SQFT
    • $558
      $/SQFT
    Type:
    Commercial
    Built:
    2006
    County:
    Area:

    School Ratings & Info

    Description

    Applebee's in Hinesville in close proximity to Fort Stewart (50,000 soldiers/family members)! 8+ years remaining on an absolute NNN lease to largest Applebee's franchisee with 480 stores throughout the US. 1.38 acres with 2006 brick building with 6250 gross leaseable SF. This store performs 18% above the Applebee's national store sales average. Annual rent of $244,857.60 through 12/31/21, then increasing 10% to $269,343.36/year until 12/31/2026. Thereafter, there are three 5-year options with a 10% increase. The site sits on an outparcel to a Marriott Inn & Holiday Inn on Oglethorpe Hwy, which sees over 30,000 cars per day.

    Monthly Payment Calculator

    © 2018 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sheila Doney Team | RE/MAX Accent. Real estate listings held by brokerage firms other than The Sheila Doney Team | RE/MAX Accent are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-11-17T18:07:40.003.
    www.sheiladoney.com/homes/86629763

    1492 E Oglethorpe Highway Hinesville, GA 31313

    • Price: $3,485,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 195453
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.38
    Acres
    6,250
    SQFT
    $558
    $/SQFT
    2006
    Built
    County:
    Liberty
    Area:
    Hinesville
    Property Description
    Applebee's in Hinesville in close proximity to Fort Stewart (50,000 soldiers/family members)! 8+ years remaining on an absolute NNN lease to largest Applebee's franchisee with 480 stores throughout the US. 1.38 acres with 2006 brick building with 6250 gross leaseable SF. This store performs 18% above the Applebee's national store sales average. Annual rent of $244,857.60 through 12/31/21, then increasing 10% to $269,343.36/year until 12/31/2026. Thereafter, there are three 5-year options with a 10% increase. The site sits on an outparcel to a Marriott Inn & Holiday Inn on Oglethorpe Hwy, which sees over 30,000 cars per day.
    Exterior Features

    Construction Brick Improvements SidewalkStreet LightsUnderground Utilities Lot Dimension 1.38 Lot Size Square Feet 60113 Property Attached 0 Road Surface Asphalt Sewer Public Sewer Underground Utilities Yn Yes Water Public Water

    Interior Features

    Ada Features Yn Yes Appliances Commercial GradeConvection OvenCooktop-SeparateDishwasherDouble OvenElectricFreezerIce Maker Machine Cooling Source Electric Cooling Type Heat Pump Heating Source Electric Heating Type Heat Pump Misc Equipment Other Num Cooling Units 2 Num Heating Units 2 Num Water Heaters 1 Water Heater Type Electric

    Property Features

    Annual Tax 11777 Association Yn No Covenant Restr Apply Yn Yes Current Zoning B2 Landlord Expenses None Landlord Utilities None May Sell CashConventional Possession At Closing Present Use BusinessFranchise Property Sub Type Retail Special Listing Conditions Standard Transaction Type Sale

    Listing courtesy of Sharon Black of Sharon Black Realty, Llc. © 2018 Savannah Multi-List Corporation. All rights reserved.
    © 2018 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sheila Doney Team | RE/MAX Accent. Real estate listings held by brokerage firms other than The Sheila Doney Team | RE/MAX Accent are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-11-17T18:07:40.003.
     
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