Bailey Station, Sharpsburg
Price:
$1728000
Cap Rate:
5.50%
NOI:
$95,000
Building Size:
Approx. 2500 Sq. Ft.
Lot Size:
Approx. 0.75 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2015
Investment Overview
- Newly Constructed | 2,500+/- SF Building on .75+/- Acre Site
- New 20-Year, Absolute NNN Lease w/ 10% Rent Bumps in Every 5-Years
- Along Highway 34 (29,000 Cars / Day) and Bailey Station Way
- Near Kroger, Walgreens, AutoZone, Subway, Taco Bell, KFC, Wells Fargo, & PNC bank
- 6-Miles E of Newnan Pavilion (468,223 SF) | 5-Miles E of Ashley Park (850,000 SF)
- Major Employers: Yamaha Motor Manuf. Corp (1,300+ Empl), Petsmart Distr. Center (500 Empl)
- Yokogawa Corp (384 Empl), Georgia Power Co (350 Empl), Cargill Corp (355 Empl)
- Sharpsburg is located 38-Miles SW of Atlanta, GA | 3-Mile Average Household Income: $85,900
- Atlanta – Sandy – Springs – Marietta (MSA) | 9th largest metropolitan area in the US | Population: 5,268,860