Lithia Springs, GA - Moe's & Checkers

Description:

SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest in the Moe’s Southwest Grill and Checkers investment property located at 894 & 896 Thornton Road in Lithia Springs, Georgia. The two-tenant QSR property features two Absolute NNN leases with no landlord responsibilities, approximately 15 years of remaining lease term, and 10% rental increases every five years throughout the initial terms and option periods. The investment generates $198,000 in current annual NOI and provides contractual income growth with minimal management obligations.

The property is strategically positioned along Thornton Road (49,500 VPD), immediately north of Interstate 20 (146,000 VPD), within one of the area’s most active retail, restaurant and employment corridors. The site is surrounded by Walmart, The Home Depot, Kroger, AutoZone and Dollar Tree, with Chick-fil-A and McDonald’s directly across Thornton Road, in addition to numerous national restaurants, automotive dealerships and hotels. Placer.ai data further validates the strength of the immediate trade area, with the nearby Chick-fil-A ranking in the 88th percentile nationally for visits, McDonald’s in the 86th percentile in Georgia, and AutoZone in the 88th percentile nationally and #1 of 25 locations within 15 miles. Nearby Amazon and FedEx facilities further support daytime traffic and employment demand, while the five-mile trade area includes approximately 114,588 residents, 51,452 employees and an average household income of $105,173.

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