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28717825
28717826

6459 Jonesboro Rd, Morrow, GA 30260

MW
GA 358728
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta
$3,284,000
185 days on market
Updated 43 days ago

QuikTrip Ground Lease

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 4,996
Pumps 8
Cap Rate 4.75%
NOI $156,000
Occupancy 100%
Tenancy Single
Brand/Tenant QuikTrip
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 02/28/2041
Remaining Term 14.7
Rent Bumps Yes
Lease Options Ten 5-Year Options
Price per SqFt $657
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 1.540
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 02/12/2026
Occupancy Date 01/15/2026
Ground Lease No
Ownership Ground Lease

Brand New 2025 Construction QuikTrip | 15 Year Absolute NNN Ground Lease | I-75 Exit Location

Marketing description

Marcus & Millichap is pleased to present this brand new 15 year absolute NNN ground lease, corporately guaranteed by QuikTrip Corporation. The property sits just off I-75 in Morrow, GA, a few miles south of Atlanta. The site has excellent visibility and frontage on Jonesboro Road which sees over 37,800 vehicles per day. It has great access sitting at a signalized intersection with multiple ingress and egress points. This brand new construction 4,996 SF Building with 8 Pumps sits on a 1.54 acre parcel. It is slated to be a high volume store given it's proximity to I-75 seeing over 171,000 vehicles per day. It sits in a dense corridor of retail and residential, and just 1.5 miles from Clayton State University and 1 mile from Southlake Mall.

Investment highlights

- Brand New 15 Year Absolute NNN Ground Lease | Zero Landlord Responsibilities

- Strong Corporate Guarantee by QuikTrip Corporation | Best In Class Convenience Store Tenant

- Brand New 2025 Construction 4,996 SF Building with 8 Pumps | 1.54 Acre Parcel

- Positioned Immediately Off I-75 with 171,000+ VPD | Surrounded by Dense Retail and Residential

- Excellent Access and Visibility at a Signalized Intersection on Jonesboro Road with 37,800+ VPD

- Located 1.5 Mile from Clayton State University and 1 Mile from Southlake Mall

Listing Contacts

MW
GA 358728
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$156,000.00
$13,000.00/mo

Valuation Metrics

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DSCR
4.75%
Cap Rate
4.75%
ROI

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