Hertz Car Rental - Roswell, GA
Value-Add | 5 years | No Options | Affluent Demographics
Investment highlights
Premier Automotive Location — Sees over 30,000 VPD on Alpharetta Hwy. Close proximity to numerous car dealerships, multifamily developments, & the Roswell Marketplace Shopping Center, home to Sprouts Farmers Market, Starbucks, Chipotle, & many other national retailers.
Affluent Demographics — Median household income between $122k — $170k in Roswell.
Value-Add Components — Tenant has no remaining renewal options. Landlord has opportunity to sign a new lease with current or new tenant in 5 years.
High Growth Market — Many new mixed-use & multifamily developments underway. Over 400 apartments under construction in immediate radius.
Atlanta MSA — GDP over $471 billion throughout the Atlanta Metro area. Main hub for numerous industries including healthcare, logistics, hospitality, & many more.
Landlord Friendly Lease Structure — Tenant is responsible for property taxes, insurance, & common area maintenance, leaving the landlord with only the roof & structure responsibilities.
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