Property Listing No Longer Available for Sale

13880 US Highway 19 South, Thomasville, GA

Retail for Sale - $3,272,000 - 3,385 Sq. Ft. on 0.99 acres


Property Info

CIMLS#998974
Location
  13880 US Highway 19 South
  Thomasville GA 31757
UpdatedSeptember 21st, 2020
TypeRetail
Price$3,272,000
Building3,385 Sq. Ft.
Land0.99 acres

Property Description

After successfully operating at this location for the previous 16 years, the Whataburger corporation in January 2020 extended the primary term of the lease 10 years, plus 2 Five year options to renew. The subject property consists of the ownership of improved land (0.99 acres) occupied by a 3,385 square foot WhatABurger restaurant and drive-thru lane. The property is located on the southeast corner of US 19 and Constitution Avenue. The location provides for high visibility due to being located at the intersection between 2 major highways: HWY 19 and HWY 319. This area has in the last 5 years become the primary retail and business location in eastern Thomasville. The Whataburger is bound by a Longhorn Steakhouse to the north; Olive Garden to the south; Vacant land to the east; and top the west is a newer Lowe


Financials

Whataburger is a privately held, American regional fast food restaurant chain, based in San Antonio, Texas, that specializes in hamburgers. The company founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, Texas in 1950. The chain is owned and operated by the Dobson family, along with 25 franchisers. As of September 2017, there were over 800 Whataburger restaurants across the Southern United States region employing over 22,500 people.