Restaurants /GA /Bibb County /Macon-Bibb /4040 Riverside Dr
Restaurants /GA /Bibb County /Macon-Bibb /4040 Riverside Dr

4040 Riverside Dr - Restaurant FOR SALE


Macon-Bibb, GA 31210 | 
$2,800,000 USD
800-926-0990
4040 Riverside Dr, Macon-Bibb, GA for Sale
$2,800,000 USD
Restaurant - FOR SALE
1/10
null | 6.53% Cap Rate
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4040 Riverside Dr
Macon-Bibb, GA 31210

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HIGHLIGHTS

  • High traffic location - 13,600± AVG VPD (2023 GDOT)
  • Adjacent to Suburban Studios and Wingate by Wyndham
  • Two large apartment complexes nearby

OVERVIEW

Tenant: Cheddar’s Casual Cafe Triple Net Lease Lease Term: 15 Years; Expiration March 31, 2031 Annual Rent: 2025: $182,750.04 Annual Rent: 2026-2031: $196,456.30 SubTenant: Pedro’s Tacos & Tequila of Macon Annual Rent: 2025 - $126,230.61 Increases 2% per year

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$343 USD /SF

CAP RATE

6.53%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cheddars Casual Cafe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.83 AC

LAND SF

123,275 SF

ZONING

C2

APN/PARCEL ID

N041-0033

ASK ABOUT THIS PROPERTY

Stephanie FolsomColdwell Banker Commercial Eberhardt & Barry, Inc.More Info
800-926-0990

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Stephanie FolsomColdwell Banker Commercial Eberhardt & Barry, Inc.More Info
800-926-0990

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

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