Secure Net Lease Brokers Atlanta MSA QuikTrip Sale
Anthony Pucciarello Leads Sale to Repeat Buyer in Smooth 1031 Exchange
Secure Net Lease, a brokerage firm that specializes in the acquisition and disposition of investment real estate, has successfully closed the sale of a freestanding QuikTrip ground lease located in Newnan, Georgia. The asset was acquired by an all-cash 1031 exchange buyer based in Georgia, marking another efficient closing executed by Secure Net Lease on behalf of a long-standing institutional seller.
Anthony Pucciarello, who represented the seller, shared, “We brought this QuikTrip to market at one of the most aggressive cap rates available at the time, and even so, we were able to secure a highly qualified buyer who was actively searching for exactly this type of asset.”
The QuikTrip is located at 35 Amlajack Boulevard, just off Poplar Road and immediately adjacent to a full interchange on I-85, offering high visibility and access to strong traffic volumes. The ±5,858-square-foot convenience store and fueling facility is situated on a 2.24-acre parcel at a signalized intersection directly across from Piedmont Newnan Hospital. The site benefits from high barriers to entry due to zoning restrictions and offers long-term value given its strategic positioning in a rapidly expanding corridor.
“The transaction moved smoothly from start to finish. The buyer was in a 1031 exchange and already owned multiple QuikTrip properties, so he was very familiar with the brand and confident in its performance. He was specifically targeting sites in Georgia and the Carolinas, where inventory was extremely limited, so this property was a perfect match for his criteria. It aligned exceptionally well with what our seller was looking for, making it a great fit on both sides,” Pucciarello concluded.
This deal further highlights Secure Net Lease’s continued success in matching highly targeted buyers with stabilized, investment-grade properties. By leveraging market relationships, brand familiarity, and an understanding of buyer preferences, Secure Net Lease facilitated a seamless transaction that met the goals of both parties.
QuikTrip Corporation, headquartered in Tulsa, Oklahoma, is one of the most recognized names in the convenience store and fuel retailing industry. Founded in 1958, QuikTrip operates over 1,000 locations across more than a dozen states. Known for its high-quality facilities, operational excellence, and loyal customer base, QuikTrip consistently ranks among the top-performing tenants in the net lease sector and remains a preferred choice for investors seeking dependable, long-term income streams.
About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.
