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1250 MORELAND AVE SE Atlanta GA 30316-3255

[Locked] • APN 15 144 02 054

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Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Building SqFt 2,222
Lot SqFt 39,168
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C-2
Year Built 2020
Building Count 1
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant, Storefront
Marketing Description

The subject property is a newly constructed Dunkin’ Donuts drive-thru located in Atlanta, GA. The new 20-year absolute NNN lease includes 10% rental increases every 5-years in the primary term and option periods. At $57,500 annually, rent at this location is significantly below market.

This is a rare opportunity to acquire a property in a very strong, infill, intown Atlanta market. The subject property is strategically located in a dense retail corridor just minutes from downtown Atlanta and is surrounded by many new retail and residential developments. This Dunkin’ Donuts benefits from its excellent visibility and access along Moreland Ave SE, which boasts over 35,000 vehicles per day. The average household income exceeds $126,000 in a 1-mile radius and $113,000 in a 5-mile radius. The 5-mile population has been rapidly growing and is expected to grow another 5.0% over the next 5-years.

National retailers in the immediate vicinity include Burger King, AutoZone, Chase Bank, T-Mobile, Kroger, Family Dollar, Dollar Tree, ALDI, Wells Fargo, Sonic, O’Reilly Auto Parts, CVS Pharmacy, Advance Auto Parts, Dollar General, Popeyes, and many more. This is an excellent opportunity for an investor to purchase a stable, long term investment with zero landlord responsibility.

Investment Highlights

New 20-Year Abs NNN w/ 10% Increases Every 5-Years

Significantly Below Market Rents

Very Strong, Infill, Intown Atlanta Location

Traffic Counts Exceed 35,000 Vehicles Per Day

293,000 Residents within 5-Miles of Subject Property

Average Household Income Exceeds $113,000 (5-Mile Radius)

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
JW
John Wertz PRO
•••.•••.6427
••ertz@•••••••••••••••.com
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