Nail Salon Lounge | 15 Year NN Lease Structure

$857,142

1100 Towne Centre Pkwy, McDonough, GA 30253

For Sale

Retail Free Standing

Active

Last Updated: 07/20/2021

Details:

Cap Rate: 7%

Building Size: 3,000 sqft

Lease Type: Double Net

Roof: Lessor Responsibilities

HVAC: Tenant Responsibilities

Structure: Lessor Responsibilities

Offered by

Luke Waters

Investment Associate

SWE Realty, LLC

Request Info to Unlock

Description:

• 15 Year NN Lease Structure
• 10% Rental Increases every Five (5) Years
• Personal Guarantee
• Average Household Income $90,000 within 3-miles
• Limited Landlord Responsibilities
• 10 Year Roof Warranty
• Universally Applicable Building (Great for Future Re-purposing if Necessary)
• 15,000 VPD on Jonesboro Road
• Lower Rent PSF
• Strong Surrounding National Retail Presence
• Multiple Traffic Generators and Ideal Market for Nail Salon
• Upgraded Construction
• Booming Retail Corridor