Listed by Skyline Seven Real Estate
$2,530,000
MCDONALD'S & THRIFT STORE
Details
Property Type Retail
Sub Type QSR/Fast Food, Storefront
Square Footage 8,909
Cap Rate 5.75%
NOI $145,516
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 3
Class A
Year Built 2004
Acreage 1.560
Zoning GC
Ground Lease No
McDonald's & Thrift Store Below Market Rents
Marketing description
12156 Highway 92 is a 100% leased multi-tenant retail investment property located along the highly traveled Highway 92 corridor in Woodstock, Georgia. The property is occupied by McDonald's Corporation and Cherokee Humane Society Thrift Store, creating a stable and diversified income stream.
The asset benefits from strong visibility, established consumer traffic, scheduled rental increases, and long-term lease stability with both tenants committed through 2029. The surrounding trade area features affluent demographics, strong population growth, and average household incomes exceeding $160,000within a five-mile radius, making the property well-positioned for long-term ownership and income preservation.
Investment highlights
- 100% Leased Retail Property with two established tenants.
- McDonald's Corporation lease providing national-credit tenancy, and they pay a low rent of $54,757 per year.
- Cherokee Humane Society Thrift Store occupies occupies the right side, and recently signed an extension.
- Long-Term leases with both tenants committed through June 2029.
- McDonald's pays the property tax direct, and each tenant maintains their portion of the building and grounds. Landlord pays for property insurance which is current $16,848 and is taken out of the NOI.
- Located on Highway 92, a major retail and commuter corridor with over20,000 cars passing per day.
- Strong visibility, accessibility, and established consumer traffic patterns.
- Affluent surrounding trade area with $160,780 average household income within 5 miles., and the population exceeds 165,000 residents.
Listing Contacts
Listed by Skyline Seven Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$145,516.00
$12,126.33/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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