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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29668963
29668964

611 Thornton Rd, Lithia Springs, GA 30122

LW
GA GA 360459
SWE Realty
BW
GA 305065
SWE Realty
Listed by SWE Realty
$3,557,028
120 days on market
Updated 29 days ago

QuikTrip | Atlanta, GA | Long Term Occupancy

Details
Property Type Land, Retail
Sub Type Gas Station
Pumps 24
Cap Rate 5.25%
NOI $186,744
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 25
Lease Expiration 01/31/2027
Remaining Term 0.6
Rent Bumps Yes
Lease Options 2/5 Year Options
Pro-Forma Cap Rate 5.25%
Pro-Forma NOI $186,744
Broker Co-Op Yes
Class A
Acreage 1 - 2
Investment Type Net Lease
Lease Commencement 02/01/2002
Occupancy Date 02/01/2002
Ground Lease No
Ownership Fee Simple

Large Corner Parcel | Traffic Light Intersection | 40k VPD

Marketing description

  • 15-year absolute NNN lease with QuikTrip, currently in the second renewal period with two 5-year options remaining

  • Fee-simple ownership with zero landlord responsibilities and strong depreciation benefits

  • Proven long-term tenant commitment supported by a successful operating history

  • Major national tenant with over $11 billion in annual revenue and 1,000+ locations nationwide

  • Strategically positioned along Thornton Road with traffic counts exceeding 40,000 VPD

  • High-visibility, signalized corner location with excellent frontage and access

  • Dense surrounding population with over 46,000 residents within a 3-mile radius and average household incomes exceeding $90,000

  • Significant nearby industrial employment base and immediate access to Interstate 20

Investment highlights

Fee Simple Ownership

Absolute NNN

Corporate Lease

Excellent Real Estate Fundamentals

Listing Contacts

LW
GA GA 360459
SWE Realty
BW
GA 305065
SWE Realty
Listed by SWE Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$186,744.00
$15,562.00/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

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Additional Information

Name
Luke Waters
License
GA 360459
Brokerage Address
4151 Ashford Dunwoody Road Northeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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