Cap Rate
6.35%
Gross SQFT
4,500
Year Built
2025
Term Remaining
±20 YRS
NOI
$305,000
Property Type
Retail
INVESTMENT HIGHLIGHTS
STRONG REAL ESTATE FUNDAMENTALS
- Affluent, dense & high growth northern metro of Atlanta
• Avg. Household Incomes: $80k (1-Mi); $105.9k (3-Mi); $108.8k (5-Mi)
• Population: 4k (1-Mi); 27k (3-Mi); 67k (5-Mi)
• Pop. growth since 2000: 5.6% (1-Mi), 9.7% (3-Mi); 12% (5-Mi) - Large parcel size of ±2.21 acres
- Multiple points of ingress/egress
- Located on the hard corner of a 4-way signalized intersection
OPTIMAL LEASE STRUCTURE
- Rare 20-year base term
- Four, 5-year renewal options
- Inflation hedge with 1.5% rent escalations every year throughout the entire lease
- Absolute triple net (NNN) with NO landlord responsibilities
- Tax advantages with accelerated & bonus depreciation due to fee simple ownership
LARGE FRANCHISEE & DOMINANT BRAND
- Expanding 200+ unit operator across 6 states (AL, AR, GA, LA, SC, TN)
- Currently operate 70+ locations in GA
- 30+ year operating history
- HQ in Atlanta, GA
ATLANTA MSA ADVANTAGE
- Atlanta MSA has the 5th largest population in the US with over 5.9 million residents
- 31 companies with headquarters in Atlanta MSA are among the 2024 Fortune 1000
- 15 ranked in the elite Fortune 500
- Georgia has been named the #1 state for business climate and for doing business for the last 6 years (Site Selection & Area Development)
- For the last 5 years, Atlanta has been among the top 5 metro areas in the nation for most net migration
- Major industries include financial services, technology and telecommunications
- Forbes Rankings:
• #13 Best Places for Business and Careers
• #34 in Job Growth
• #41 in Educ
Broker of Record
- Bill Pedersen
- License No. 80041 (GA)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203