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32969390
32969391

4271 Salem Road, Covington, GA 30016

PW
CA 02005574
SRS Real Estate Partners Newport Beach
MB
GA 385824
SRS Real Estate Partners Atlanta
Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Atlanta
$2,667,000
17 days on market
Updated 4 days ago

Fifth Third Bank - Atlanta MSA

Details
APN 00130-00000-123-000
Property Type Retail
Sub Type Bank
Square Footage 2,397
Cap Rate 4.5%
NOI $120,000
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 08/11/2046
Remaining Term 20.2
Rent Bumps Yes
Lease Options 4 (5-Year)
Class A
Year Built 2026
Acreage 1.250
Zoning CG-General Commercial
Parking Spaces 17 spaces
Parking Per SqFt 7.09
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 08/12/2026
Ground Lease Yes

20-Year Absolute NNN Lease | 2026 Construction

Investment highlights

  • Brand New 20-Year Absolute NNN Ground Lease | 2026 Construction | Options To Extend | Corporate Signed | Scheduled Rental Increases
  • Absolute NNN Ground Lease | Leased Fee (Land Ownership) | Zero Landlord Responsibilities
  • Across From Walmart Anchored Center | Nearby Retail
  • Infrastructure Improvements | Excellent Visibility & Access
  • Strong Demographics In 5-mile Trade Area | Atlanta MSA

Listing Contacts

PW
CA 02005574
SRS Real Estate Partners Newport Beach
MB
GA 385824
SRS Real Estate Partners Atlanta
Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Atlanta

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$120,000.00
$10,000.00/mo

Valuation Metrics

0
DSCR
4.5%
Cap Rate
4.5%
ROI

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Additional Information

Name
Michael Berk
License
GA License No. 385824
Brokerage
SRS National Net Lease Group LP
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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