Nail Salon Lounge | 15 Year NN Lease Structure

1100 Towne Centre Pkwy, McDonough, GA

   SOLD!   

$857,142

Price

7%

Cap Rate

3,000 sqft

Building Size

Overview
Cap Rate
7%
Building Size
3,000 sqft
Lease Type
Double Net
Roof
Lessor Responsibilities
HVAC
Tenant Responsibilities
Structure
Lessor Responsibilities
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

Documents
Title
Offering Memorandum
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Location
Gallery