executive summary nnn pizza hut investment...sherman & hemstreet real estate company 624 ellis...
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SHERMAN & HEMSTREET REAL ESTATE COMPANY624 Ellis St. , Augusta, GA 30901shermanandhemstreet.com706.722.8334
JOE EDGE, SIOR, [email protected]
OFFERING SUMMARY
Sale Price: $557,142
Cap Rate: 7.0%
NOI: $39,000
Lot Size: 0.55 Acres
Year Built: 1974
Building Size: 2,275
Price / SF: $244.90
NNN investment property. Free standing dine in Pizza Hut has occupied this property for over 30 years. A new 5 yearrenewal was just executed with a rent increase. Tenant has another 5 year option with an increase in rent on that term.Lease is NNN. Location is A++ and this is a great high volume location.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• Great visibility and Exposure
• Ample Parking
• Easy access
• NEW 5 year term just executed
• Long Term Tenant
• High Traffic Location
616 E Martintown Rd, North Augusta, SC 29860NNN Pizza Hut InvestmentEXECUTIVE SUMMARY
SHERMAN & HEMSTREET REAL ESTATE COMPANY624 Ellis St. , Augusta, GA 30901shermanandhemstreet.com706.722.8334
JOE EDGE, SIOR, [email protected]
616 E Martintown Rd, North Augusta, SC 29860NNN Pizza Hut InvestmentADDITIONAL PHOTOS
SHERMAN & HEMSTREET REAL ESTATE COMPANY624 Ellis St. , Augusta, GA 30901shermanandhemstreet.com706.722.8334
JOE EDGE, SIOR, [email protected]
616 E Martintown Rd, North Augusta, SC 29860NNN Pizza Hut InvestmentLOCATION MAPS
SHERMAN & HEMSTREET REAL ESTATE COMPANY624 Ellis St. , Augusta, GA 30901shermanandhemstreet.com706.722.8334
JOE EDGE, SIOR, [email protected]
POPULATION 1 MILE 3 MILES 5 MILES
Total population 4,400 33,698 80,641
Median age 37.5 37.5 37.0
Median age (Male) 33.2 34.8 35.3
Median age (Female) 42.1 40.0 38.6
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 2,091 14,283 33,585
# of persons per HH 2.1 2.4 2.4
Average HH income $45,678 $43,823 $47,101
Average house value $177,233 $152,752 $139,721
* Demographic data derived from 2010 US Census
616 E Martintown Rd, North Augusta, SC 29860NNN Pizza Hut InvestmentDEMOGRAPHICS MAP
SHERMAN & HEMSTREET REAL ESTATE COMPANY624 Ellis St. , Augusta, GA 30901shermanandhemstreet.com706.722.8334
JOE EDGE, SIOR, [email protected]
624 Ellis St.Augusta, GA 30901T 706.288.1077C [email protected]
PROFESSIONAL BACKGROUND
Joe is a native of Augusta, GA, and currently lives in Columbia County with his wife and five children. He began his career inreal estate in 2005 after serving four years in the United States Marine Corps. In 2006 Edge started his own commercial realestate firm and later that year bought out the 90-year-old firm, Sherman & Hemstreet.
Currently Sherman & Hemstreet now has more commercial real estate listings and brokers than any other firm in the CSRA.In addition to sales and leasing S&H has grown into one of the largest property management firms in the southeastmanaging over 4,000 units and over 10,000,000 square feet of space. More recently Sherman & Hemstreet completed theacquisition of McBride Realty and Turner Realty, both local firms.
Currently Joe holds the CCIM and SIOR designations. To learn more about these designations go to www.ccim.com orwww.sior.com.
MEMBERSHIPS & AFFILIATIONS
Certified Commercial Investment Member (CCIM)Society of Industrial and Office Realtors (SIOR)
JOE EDGE, SIOR, CCIMPresident & Broker
616 E Martintown Rd, North Augusta, SC 29860NNN Pizza Hut InvestmentADVISOR BIO & CONTACT 1