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Restaurant

Dark Captain D's Drive Thru | Elberton, GA | High Performing Fast Food Corridor

123 Elbert Str, Elberton, GA 30635

Listing Price: $1,500,000

Cap Rate
6.80%
Tenant Name
Former Captain D's Drive Thru Building
Years Remaining On Lease
15.7
Guarantor
Franchisee Guarantee
Rentable SF
2,618
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.96

Investment Overview

Marcus & Millichap is pleased to present the investment opportunity located at 123 Elbert Street in Elberton, Georgia. This dark Captain D's drive-thru restaurant presents a compelling owner-user or redevelopment opportunity in the heart of Elberton's primary commercial corridor. Strategically positioned along Elbert Street, the city's main east-west thoroughfare, the property benefits from exceptional visibility and exposure to more than 17,000 vehicles per day, providing strong traffic counts and excellent brand recognition potential. The property is situated in a prime retail trade area at the center of Elberton, surrounded by a diverse mix of national, regional, and local businesses that drive consistent consumer activity throughout the day. Further enhancing the property's appeal is its position adjacent to several top-performing fast-food operators, including a McDonald's location ranked among the top 15 percent in gross sales within Georgia and a Bojangles location ranked among the top 10 percent in the state. The presence of these successful neighboring tenants demonstrates the strength of the surrounding retail corridor and the area's ability to generate significant consumer demand. Overall, this offering represents a rare opportunity for investors, developers, or owner-users to acquire a well-located commercial property with redevelopment potential, strong traffic exposure, and immediate access to one of Elberton's most active retail destinations.

Investment Highlights

  • Dark Captain D's Drive Thru Building | Owner User/Redevelopment Opportunity
  • Proven Fast Food Corridor with Several High Performing QSR Tenants Including McDonald's (Ranked in Top 15% in Gross Sales in Georgia), Bojangles (Ranked Top 10% in Gross Sales in Georgia) and Others
  • Located in Prime Location at Center of Elberton | Elbert St. is the Main East/West Thoroughfare with over 17,000 VPD
  • Available Significantly Below Replacement Cost | Existing Drive-Thru Infrastructure Creates Significant Cost Savings
  • Elberton's Economy is Supported by One of the Largest Granite Manufacturing and Memorial Production Clusters in the United States, Generating Stable Blue-Collar Employment and Daily Commuter Traffic

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Restaurant

Dark Captain D's Drive Thru | Elberton, GA | High Performing Fast Food Corridor

Listing Price: $1,500,000

Cap Rate
6.80%
Tenant Name
Former Captain D's Drive Thru Building
Years Remaining On Lease
15.7
Guarantor
Franchisee Guarantee
Rentable SF
2,618
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.96

Investment Highlights

  • Dark Captain D's Drive Thru Building | Owner User/Redevelopment Opportunity
  • Proven Fast Food Corridor with Several High Performing QSR Tenants Including McDonald's (Ranked in Top 15% in Gross Sales in Georgia), Bojangles (Ranked Top 10% in Gross Sales in Georgia) and Others
  • Located in Prime Location at Center of Elberton | Elbert St. is the Main East/West Thoroughfare with over 17,000 VPD
  • Available Significantly Below Replacement Cost | Existing Drive-Thru Infrastructure Creates Significant Cost Savings
  • Elberton's Economy is Supported by One of the Largest Granite Manufacturing and Memorial Production Clusters in the United States, Generating Stable Blue-Collar Employment and Daily Commuter Traffic

Investment Overview

Marcus & Millichap is pleased to present the investment opportunity located at 123 Elbert Street in Elberton, Georgia. This dark Captain D's drive-thru restaurant presents a compelling owner-user or redevelopment opportunity in the heart of Elberton's primary commercial corridor. Strategically positioned along Elbert Street, the city's main east-west thoroughfare, the property benefits from exceptional visibility and exposure to more than 17,000 vehicles per day, providing strong traffic counts and excellent brand recognition potential. The property is situated in a prime retail trade area at the center of Elberton, surrounded by a diverse mix of national, regional, and local businesses that drive consistent consumer activity throughout the day. Further enhancing the property's appeal is its position adjacent to several top-performing fast-food operators, including a McDonald's location ranked among the top 15 percent in gross sales within Georgia and a Bojangles location ranked among the top 10 percent in the state. The presence of these successful neighboring tenants demonstrates the strength of the surrounding retail corridor and the area's ability to generate significant consumer demand. Overall, this offering represents a rare opportunity for investors, developers, or owner-users to acquire a well-located commercial property with redevelopment potential, strong traffic exposure, and immediate access to one of Elberton's most active retail destinations.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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