123 Elbert St - Fast Food FOR SALE


Elberton, GA 30635
$1,500,000 USD
972-755-5279
123 Elbert St, Elberton, GA for Sale
$1,500,000 USD
Fast Food - FOR SALE
1/7
null | 6.8% Cap Rate

123 Elbert St
Elberton, GA 30635


HIGHLIGHTS

  • Dark Captain D's Drive Thru Building | Owner User/Redevelopment Opportunity
  • Proven Fast Food Corridor with Several High Performing QSR Tenants Including McDonald's (Ranked in Top 15% in Gross Sales in Georgia)
  • Located in Prime Location at Center of Elberton | Elbert St. is the Main East/West Thoroughfare with over 17,000 VPD
  • Available Significantly Below Replacement Cost | Existing Drive-Thru Infrastructure Creates Significant Cost Savings

OVERVIEW

Paien Restaurant Group at Marcus & Millichap is pleased to present the investment opportunity located at 123 Elbert Street in Elberton, Georgia. This dark Captain D's drive-thru restaurant presents a compelling owner-user or redevelopment opportunity in the heart of Elberton's primary commercial corridor. Strategically positioned along Elbert Street, the city's main east-west thoroughfare, the property benefits from exceptional visibility and exposure to more than 17,000 vehicles per day, providing strong traffic counts and excellent brand recognition potential. The property is situated in a prime retail trade area at the center of Elberton, surrounded by a diverse mix of national, regional, and local businesses that drive consistent consumer activity throughout the day. Further enhancing the property's appeal is its position adjacent to several top-performing fast-food operators, including a McDonald's location ranked among the top 15 percent in gross sales within Georgia and a Bojangles location ranked among the top 10 percent in the state. The presence of these successful neighboring tenants demonstrates the strength of the surrounding retail corridor and the area's ability to generate significant consumer demand. Overall, this offering represents a rare opportunity for investors, developers, or owner-users to acquire a well-located commercial property with redevelopment potential, strong traffic exposure, and immediate access to one of Elberton's most active retail destinations.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$562 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

C3

APN/PARCEL ID

E18-060

ASK ABOUT THIS PROPERTY

John PainePaine Restaurant Group at Marcus & MillichapMore Info
972-755-5279

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John PainePaine Restaurant Group at Marcus & MillichapMore Info
972-755-5279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.