PDQ

Evans (Augusta), Georgia

Price
Cap Rate
Property Type Retail
Property Use Fast Casual Restaurant
Lease Type Absolute Net
Remaining Term Approx. 15 yrs
Building Size +/- 4,295 SF
Current NOI $170,000


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Long Term Lease

PDQ’s brand new 15 year lease commenced on September 7, 2014 and is immediately followed by eight (8), five (5) year option periods  

Proximity to World Renown Augusta National Golf Club

Property is located seven (7) miles west on the same street as Augusta National Golf Club, one of the most famous golf clubs in the world and host to the annual Masters Tournament, one of the four major championships in professional golf and the only major played each year at the same course

High Density Retail Corridor

Property is located at the signalized hard corner of Washington Rd (34,611 VPD) and N Belair Rd (29,328 VPD). Surrounding national tenants include Lowe’s Home Improvement, The Home Depot, GTC Evans Stadium Cinemas, Publix Super Market, Kroger, McDonald’s, Burger King, Five Guys, Taco Bell, Walgreens, CVS Pharmacy, Cracker Barrel, Verizon among many others

Evans Towne Center Park

Property is located 1/2 mile from newly constructed 52-acre Evans Towne Center mixed-use office and retail development which will consist of over 300,000 sf of office space and 50,000 sf of retail space

Attractive New Construction

New 2014 Build-to-Suit for PDQ in the brand’s classic stone and stucco façade

Growing Fast Casual Concept

PDQ burst onto the fast casual food scene in 2013 and has since grown to 50 locations, priding itself on a concept that high-quality food, memorable service and genuine hospitality are the basis of an excellent restaurant. PDQ was recently named a “Hot Concept” winner by “Nation’s Restaurant News”

Absolute Net Lease Structure

Lease features zero Landlord responsibilities for maintenance or repair of the Property throughout the base term and option periods 

Excellent Demographics

Property benefits from a population of over 112,758 and an average household income in excess of $88,497 within a 5 mile radius


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Location Overview

Evans is an affluent suburb of Augusta located in Columbia County, Georgia. The population was 29,011 at the 2010 census.  

The Evans Towne Center Park (“ETC Park”) located 1.2 mile from subject property is a multi-use facility for citizens of Columbia and surrounding counties. The ETC Park is intended for a variety of purposes, including passive recreation and also serves as a year around concert venue. In addition to the park Evans Town Center consists of a 52-acre mixed used office and retail development of over 300,000 sf of office space and 50,000 sf of retail space. A convenient location and campus atmosphere have attracted a variety of well established users such as YMCA, medical offices, Tako Sushi, Serenity Day Spa and Tangles Hair Salon.  

Augusta is the principal city of the Augusta-Richmond County MSA, which as of 2012 had an estimated population of 580,270, making it the third-largest city and the second-largest metro area in the state after Atlanta. It is the 16th 116th-largest city in the United States and is best known internationally for hosting The Masters, one of the four major championships in professional golf. Augusta, is located on the Georgia/South Carolina border, about 150 miles east of Atlanta and 70 miles west of Columbia. The Augusta-Richmond County balance has a total area of 306.5 square miles. 

Location Overview

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Brad Feller
Senior Director
bfeller@stanjohnsonco.com

Andy Gatchell
Associate Director
agatchell@stanjohnsonco.com


In association with
Joey Odom GA License #357615

Stan Johnson Company

303 E. Wacker Drive Suite 1111
Chicago, IL 60601
Ph: 312-240-0127

stanjohnsonco.com

CIty, ST
Price | Cap Rate

CIty, ST
Price | Cap Rate

CIty, ST
Price | Cap Rate