For Sale $2,555,000
Property Type Retail - Restaurant
Property Size 1,661 SF
Units 1
Lot Size 1.17 Acre
Property Tenancy Single Tenant
Year Built 2001
Date Updated Apr 15, 2024

Located directly on Atlanta Hwy with access to GA-10 and US-78 Business, 4275 Atlanta Hwy offers easy access to Athens, nearby busy retail areas, and easy ingress and egress from the property.4275 Atlanta Hwy is currently leased to a Sonic franchisee on a 20-year NNN lease that commenced March of 2022. Base rent is currently $10,500 monthly, with 1.5% annual escalations after the first 5 years. All operating expenses are the responsibility of the tenant, and the lease offers 4 extension options of 5 years each. The current secured by an unconditional guaranty of payment and performance by parent company Atticus Franchise Group, an 18-unit franchising group.

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Highlights

TENANT: AFG SR Bogart, LLC dba Sonic Drive-In
LEASE TYPE: NNN
RENT COMMENCEMENT: March 2022
LEASE TERM: 20-years
OPTIONS: 3, 5-year options
STRONG RETAIL SYNERY: Near a high-concentration of the area's national tenants (Sam's Club, Publix's, Aldi, Academy Sports, etc)

Contacts

Jake Viverette

The Overton Group

(804) 754-5462

Location

Getting Around

Walk Score ®
33/100 Car-Dependent
Bike Score ®
27/100 Somewhat Bikeable

Map
Street

City Bogart, GA
Neighborhood Bogart
Zip Code 30622

Points of Interest

Sam's Club

0.18 miles
Chevron

0.32 miles
RaceTrac

2.21 miles
Walmart

2.25 miles
BP

2.29 miles
Tesla Supercharger

2.36 miles
Quick Trip

2.53 miles
Murphy USA

2.70 miles
Shell

2.78 miles
RaceTrac

3.24 miles

Visitor Parking

4.66 miles
Talmadge Parking

5.01 miles
Prince Parking

5.17 miles
W14

5.48 miles
W08

5.75 miles
S13

5.77 miles
W07

5.78 miles
W15

5.82 miles
West Campus Deck

5.86 miles
W12

5.87 miles

Sonic

0.00 miles
Bojangles'

0.50 miles
McDonald's

0.67 miles
Burger King

0.81 miles
Zaxby's

0.91 miles
Waffle House

0.92 miles
Krispy Kreme

0.97 miles
Rafferty's

1.11 miles
Hook & Reel

1.52 miles
Captain D's

1.55 miles

Sears

0.84 miles
Belk

0.92 miles
Georgia Square Mall

0.95 miles
Macy's

0.99 miles
JCPenney

1.05 miles
Bealls

1.44 miles
Publix

1.60 miles
ALDI

1.77 miles
Ross

2.21 miles
Marshalls

2.24 miles

Frequently Asked Questions

What is the lease rate for 4275 Atlanta Hwy - Sonic?

Rental asking rate at 4275 Atlanta Hwy - Sonic is $1,277,500.00/YR.

What is the total square footage of 4275 Atlanta Hwy - Sonic?

4275 Atlanta Hwy - Sonic totals 1,661 square feet.

When was this property built?

4275 Atlanta Hwy - Sonic was built in 2001.

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