1492 E Oglethorpe Highway, Hinesville, GA 31313 (MLS # 195453)

Price $3,485,000
Status Active
Size 6,250 sq ft
Lot Size 1.38 ac
Days on Market 189
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.
Property Type(s): Commercial
Last Updated 11/1/2018 Year Built 2006
County Liberty

Price History

Prior to Nov 1, '18 $3,767,000
Nov 1, '18 - Today $3,485,000

Additional Details

AIR Heat Pump
APPLIANCES Commercial Grade, Convection Oven, Cooktop-Separate, Dishwasher, Double Oven, Electric, Freezer, Ice Maker Machine
HEAT Heat Pump
LOT 1.3800 acre(s)
SEWER Public Sewer
TAXES 11777
WATER Public Water



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Listed with Sharon Black Realty, LLC
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