711 Alice St, Bainbridge, GA 39819
1,554 SF | Retail Building | Bainbridge, GA 39819 | $2,229,000 ($1,434/SF) | 6.50% Cap Rate
For Sale
Active
Asking Price $2,229,000
- Property Type
-
Retail
- Square Feet
- 1,554 SF
- Price / Square Foot
- $1,434
Listing Contacts
Glen Kunofsky
Anthony D'Ambrosia
Josh Kanter
Property Overview
NNN Pro Group is pleased to present the exclusive listing for the Sonic located at 711 East Alice Street in Bainbridge, GA. The site consists of 1,554 rentable square feet of building space with a drive-thru on an estimated 0.96-acre parcel of land. This property is subject to 20-year lease, with the current annual rent being $144,858.
The site is located as an outparcel to the only Walmart Super Center for 25 miles and is in a cluster of national tenants including Verizon, Home Depot, Wawa, Circle K, Chic-fil-A, Raceway, and numerous others.
The rent is set to increase in 2026 by 7% which results in a 45-basis point increase from the current list Cap Rate!
The site is located as an outparcel to the only Walmart Super Center for 25 miles and is in a cluster of national tenants including Verizon, Home Depot, Wawa, Circle K, Chic-fil-A, Raceway, and numerous others.
The rent is set to increase in 2026 by 7% which results in a 45-basis point increase from the current list Cap Rate!
Property Details
- Class
- C
- Year Built
- 2006
- Stories
- 1
- Lot Size (sq. ft)
- 41,818 SF
Highlights
- Absolute Triple Net (NNN) Lease With No Landlord Responsibilities | 7%Increases Every 5 Years | Next Increase in 2026
- Over 17 Years Remaining On Lease | Walmart Out Parcel Location
- Only Sonic Within 15 Miles (Out of the 97 in Georgia) Drawing All Bainbridge Residents (and More) to This Location
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