Church’s Chicken | Triple Net (NNN) Lease Investment Opportunity

6135 Fairburn Road, Douglasville, GA

$990,000

Price

5.45%

Cap Rate

$54,000

NOI

Overview
Cap Rate
5.45%
NOI
$54,000
Building Size
1,500 sqft
Lot Area
0.3 acres
Lease Type
Triple Net
Year Built
1980
Price Per Sqft
$660
Roof and Structure
Tenant’s Responsibility
HVAC
Tenant’s Responsibility
Repairs and Maintenance
Tenant’s Responsibility
Year Last Renovated
2017
Description

Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,500 SF Church’s Chicken Located at 6135 Fairburn Road in Douglasville, Georgia. This Opportunity Includes a Stable Tenant That Has Operated at This Location For 30 Years With a Healthy Rent to Sales Ratio, Providing For a Secure Investment.

Highlights
  • New 20 Year Triple Net (NNN) Lease With Zero Landlord Responsibility
  • Commitment to Site With Long-Term 30 Year Operating History at This Location
  • Healthy Rent to Sales Ratio
  • Strong Increases – 10% Every 5 Years
  • Excellent Demographics – Population of Over 41,337 Residents With an Average Household Income of $71,604 Within a 3-Mile Radius
  • Strong Retail Synergy: Kroger, Family Dollar, Aaron’s, Super Sunny Beauty Supply, Don Tequila Mexican Restaurant, Waffle House, Wendy’s, Tires Plus and More; In Addition, This Location is Less Than 3-Miles From the Arbor Place Mall, the Only Regional Mall Directly Serving the Western Suburbs of Atlanta
  • Just 4 Minutes North of the WellStar Douglas Hospital; ER is Open 24 Hours, Has Over 100 Beds, and Earned Recognition as a Top-Ranked Community Value Hospital in the Nation
  • Located Along Fairburn Road (Over 28,000 VPD) Which is Also a Connector to IH-20 the East/West Corridor Across the State Giving Direct Access to Atlanta (28 Minutes)
  • Douglasville is Part of the Atlanta Metro Area Which is the Most Populous Metro Area in Georgia and 9th Largest MSA in the US. Atlanta Has an Estimated Population of 6 Million People
  • Historic Downtown Douglasville Have Become Famous in the Film Industry With Filming on Netflix’s Stranger Things, The Founder and Hunger Games: Mockingjay Part 1
  • Nearby Tenants Include: Goodwill, CVS Pharmacy, Cash America Pawn, UPS, Bank of America, Public Storage, Walgreens, Enterprise, USPS, AutoZone, Dairy Queen, McDonald’s, Checkers, Chick-fil-A, and Subway
Documents
Title
OM
* Documents permissions are set by the listing owner, request information to access locked documents.

Location
Gallery