14669 US Highway 19 - Freestanding FOR SALE


Thomasville, GA 31792
$4,900,000 USD
770-501-3007
14669 US Highway 19, Thomasville, GA for Sale
$4,900,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

14669 US Highway 19
Thomasville, GA 31792


HIGHLIGHTS

  • High-quality asset 23,000 SF retail center built in 2018, 100% leased to Planet Fitness and DaVita on long-term Triple Net (NNN) Leases.
  • Stable tenancy, both tenants have 3+ and 4+ years remaining on initial 10- year lease terms (expiring Q1 2029 and 2030) with multiple renewal options.
  • Triple Net (NNN) Lease structure tenants reimburse property taxes, insurance, and CAM expenses, providing stable net income.
  • Strong national tenants Planet Fitness (2,700+ clubs, 19.7M members) and DaVita (Fortune 500 healthcare company, largest kidney dialysis provider.
  • Planet Fitness's lease is guaranteed by the franchisee Taymax Group; DaVita's lease is with a DaVita, Inc. subsidiary (Fortune 500 parent guaranty).
  • Surrounded by a number of nearby shopping centers and outparcels: Thomas County Fire Department, Remington Ave Ball Park, Pine Tree Plaza.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 4.86-acre Vantage Thomasville Center, located at 14669 US Hwy 19 in Thomasville, GA. This offering features a high-quality, 23,000 SF retail center built in 2018, 100% leased to strong national tenants, Planet Fitness and DaVita, under long-term Triple Net (NNN) Leases. Strategically positioned on nearly 5 acres within Thomasville’s busiest retail corridor, this property provides a secure and attractive investment opportunity with stable cash flow and long-term value. In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Planet Fitness and Davita Center - GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

144

LAND DETAILS

LAND ACRES

4.86 AC

LAND SF

211,702 SF

ZONING

C-3

APN/PARCEL ID

046-TH-071

ASK ABOUT THIS PROPERTY

Munir MeghjaniSands Investment Group Atlanta, LLCMore Info
770-501-3007

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

Munir MeghjaniSands Investment Group Atlanta, LLCMore Info
770-501-3007

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