104 S Tennessee St, Cartersville, GA 30120

Property Highlights

• New Construction Surcheros | Absolute NNN Lease -- newly renovated 2,832 SF retail asset (2005/2024) leased to Surcheros Fresh Mex with an Absolute NNN lease structure, providing a passive investment with zero landlord responsibilities.
• Long-Term Corporate Lease | Strong Income Security -- backed by Surcheros Holding Company, LLC (corporate) with 13+ years of remaining term on a 15-year initial lease.
  • Rent Commencement: July 1, 2024
  • Lease Expiration: June 30, 2039
• Attractive Yield with Built-In Growth -- offering a 6.25% cap rate on $161,262 annual NOI, with 2% annual rental increases, driving consistent income growth throughout the initial lease term & each renewal period.
• Prime Location at Signalized Intersection | Strong Visibility & Access -- positioned on a 0.57-acre parcel at the signalized intersection along South Tennessee St, offering excellent visibility, multiple access points, & strong consumer traffic patterns.
• Dominant Retail Corridor | National Co-Tenancy -- surrounded by major national retailers including Publix, Target, Kroger, Kohl's, Hobby Lobby, Chick-fil-A, Ross, PetSmart, Walgreens, & more, driving consistent traffic to the immediate trade area.
• Growing Atlanta MSA Submarket -- located 43 miles from Atlanta within a high-growth corridor, featuring 8.42% projected 3-mile population growth & 10.67% household growth, supported by strong income demographics.
• Expanding Regional QSR Tenant -- Surcheros operates 46+ locations with continued expansion plans across the Southeast, reinforcing long-term tenant viability & brand growth.