ACL Georgia LLC
Listed by ACL Georgia LLC
$1,400,000
11256 Tara Blvd
Details
Property Type Retail
Square Footage 1,750
Cap Rate 5.00%
NOI $70,000
Occupancy 100%
Tenancy Single
Brand/Tenant TitleMax
Lease Type NNN
Lease Term 11
Lease Expiration 02/27/2037
Remaining Term 10.8
Rent Bumps Yes
Lease Options 1 5 year
Class A
Investment Type Institutional
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease Yes
Ownership single tenant
Sale Condition For sale by owner
Retail | 5.00% CAP | 1,750 SqFt
Marketing description
TitleMax NNN with 11 years remaining, plus one 5 year option. Annual rent 62,400 with 3% annual increase. Also ground lease for bill board with 24 years, income based on sales.
Investment highlights
- TitleMax tenant NNN (11 yrs., plus one 5-year option)
- Starting rent = $62,792
- 3% annual increase
- Also, a billboard with 25-year ground lease, rent based on income
- Signalized Intersection - Norcross, Gwinnett County 2.21 acres on a signalized intersection with 9,400 sq. ft. construction. Currently being used as a day care center with $1.8M revenue. $2,5M.
Listing Contacts
ACL Georgia LLC
Listed by ACL Georgia LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,000.00
$5,833.33/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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Tax History
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