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31511895
31511896

118 E Hill St, Thomson, GA 30824

BB
GA 378952, OH BRK.200900214 (+21)
Bang Realty
DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
RK
MI 6501459077
Encore Real Estate Investment Services
BK
MI 6501390606
Encore Real Estate Investment Services
Listed by Bang Realty, Encore Real Estate Investment Services
$308,571
70 days on market
Updated 70 days ago

Little Caesars

Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 1,150
Cap Rate 7%
NOI $21,600
Occupancy 100%
Tenancy Single
Brand/Tenant Little Caesars
Lease Type NN
Lease Expiration 10/31/2028
Remaining Term 2.4
Rent Bumps Yes
Lease Options 2, 5 Year Options
Price per SqFt $268
Year Built 1978
Buildings 1
Stories 1
Acreage 0.420
Zoning B-2
Investment Type Net Lease
Tenant Credit Franchisee

Retail Property For Sale

Marketing description

Little Caesars at 118 E Hill St, Thomson, GA 30824 offers investors the opportunity to acquire a proven net-leased retail asset in a highly visible corridor of Thomson. This 1,150 SF freestanding building sits on 0.42 acres and is strategically positioned along E Hill Street, benefiting from traffic counts exceeding 12,200 vehicles per day near the signalized intersection of Hill Street and Jackson Street.

The property is leased on a NN structure, providing minimal landlord responsibilities, with the tenant responsible for taxes, CAM, and insurance. The site has operated successfully for more than 12 years and is backed by an experienced multi-unit franchisee with a 70-location portfolio. The current lease includes two 5-year renewal options, offering continued upside and long-term income potential.

Surrounded by national and regional retailers including CVS, Dollar General, Sonic, Walmart, Walgreens, O’Reilly Auto Parts, and AutoZone, the property benefits from strong retail synergy and a steady consumer base. The surrounding 5-mile trade area features more than 14,700 residents and average household incomes above $71,000, supporting consistent demand in this established market.

Investment highlights

  • NN Lease Structure Providing Minimal Landlord Responsibilities
  • Established Location with Over 12 Years of Successful Operating History
  • Lease Includes Two (5-Year) Renewal Options Featuring Rental Increases
  • Strategically Positioned Along Hill Street with Traffic Counts Exceeding 12,200 Vehicles Per Day
  • Strong Area Demographics with Average Household Incomes Exceeding $71,000 Within a 5-Mile Radius
  • Population of More Than 14,700 Residents Within a 5-Mile Trade Area
  • Lease Backed by an Experienced Multi-Unit Operator with a 70-Location Portfolio

Listing Contacts

BB
GA 378952, OH BRK.200900214 (+21)
Bang Realty
DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
RK
MI 6501459077
Encore Real Estate Investment Services
BK
MI 6501390606
Encore Real Estate Investment Services
Listed by Bang Realty, Encore Real Estate Investment Services

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$21,600.00
$1,800.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Brian Brockman
License
378952
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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