Property History
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.
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
Financial History
Tax History
Contact Information
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Comparable Properties
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