Carrollton, GA - Conco
$450,000
105B Kingsbridge Drive, Carrollton, GA 30117
7
Cap Rate
31,500
NOI
Details:
Description:
• Conco Corporate signed lease
• The tenant recently signed a brand new, 10-year lease
• The lease features 2% annual rental increases, steadily growing NOI while providing a hedge against inflation
• The subject property is located in close proximity to Riverbridge Shopping Center, an Ingles Market anchored center that also features national/credit tenants including McDonald’s, UPS, Waffle House, and a host of local tenants
• Located just off of U.S. Highway 27 (29,400 VPD), which serves as a primary retail corridor with national/credit tenants including Publix, Target, Belk, Ollie’s Bargain Outlet, Dollar Tree, Chipotle, Starbucks, Wendy’s, and many others
• Strong tenant synergy promotes crossover shopping to the subject property
Location
Gallery
