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Property Type
Marketing Description
ATLANTA, GA MSA ADVANTAGE
- Atlanta metro has the 5th largest population in the US with 5.9+ million residents
- 30 companies with HQ in metro Atlanta are among the 2020 Fortune 1000 : 16 ranked in the elite Fortune 500
- Georgia has been named the #1 state for business climate and for doing business for the last 6 years (Site Selection & Area Development)
- For the last 5 years, Atlanta has been among the top 5 metro areas in the nation for most net migration
- Major industries include financial services, technology and telecommunications
- Forbes Rankings: #13 Best Places for Business and Careers, #34 in Job Growth, #41 in Education
ABOUT THE OPERATOR - PURPLE SQUARE MANAGEMENT CO.
- Dominant franchisee with brands that include Popeyes, Dunkin', Baskin Robbins, Take 5 Oil Change, Rent-A-Center & The Brass Tap
- 167 units in total across all brands
- Locations in Georgia, Florida, Alabama, Arizona, Ohio, Kentucky & Indiana
REAL ESTATE FUNDAMENTALS & MARKET DEMOGRAPHICS
- Inter-parcel access via a signalized intersection
- Flat topography with optimal visibility
- Directly off Interstate 575 & located along Highway 92, a major east/west thoroughfare in Woodstock with 8 lanes
- Average daily traffic count exceeds 66,700 VPD
- Highly dense population ±66k (3-mi); ±179k (5-mi)
- Strong daytime population: ±10k (1-mi); ±54k (3-mi); ±174k (5-mi)
- Explosive population growth since 2000: ±28% (1-mi); ±30% (3-mi); ±35% (5-mi)
OPTIMAL LEASE STRUCTURE
- New 15-year lease
- Guaranteed by Purple Square Management Company, LLC
- 2020 build-to-suit construction with latest prototype
- Three, five-year renewal options
- 10% rent escalations every 5 years and each option
- NNN lease with ZERO landlord responsibilities
Investment Highlights
- New 15-year lease with three, five-year renewal options
- 10% rent escalations every 5 years and each option
- 2020 build-to-suit construction with latest prototype
- NNN lease with ZERO landlord responsibilities
- Directly off Interstate 575 & located along Highway 92 with 66,700 VPD
- Guaranteed by Purple Square Management Company, LLC
Loan History
Financial History
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Contact Information
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Contacts
Listing removed on
BY:
Jared Kaye PRO
•••.•••.2989
•••••.kaye@••••••••.com
Listing removed on
BY:
Sonny Molloy PRO
•••.•••.4892
•••••.••lloy@••••••••.com
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