1092 Jonesboro Rd
McDonough, GA
Price:
$1776000
Cap Rate:
5.75%
NOI:
$102,100
Building Size:
Approx. 2350 Sq. Ft.
Lot Size:
Approx. 0.73 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2016
Investment Overview
- Newly Constructed | 2,350+/- SF Building on .73+/- Acre Site
- New 10-Year, NNN Lease w/ 10% Rent Bumps in Every 5-Years
- Located along Jonesboro Rd (25,000 VPD), just E of I-75 (140,000 VPD)
- Near Walmart, Sam’s, Target, Home Depot, Kroger, Publix, Bojangles’
- Local Attractions: Southern Belle Farm | Veterans Wall of Honor | Heritage Park
- 3-Miles E of Henry Town Center (444,296 SF) | 11-Miles N of Tanger Outlets (692,478 SF)
- Major Employers: Henry County Schools (6,000 Empl) | Piedmont Henry Hospital (1,281 Empl)
- 5-Mile population has grown 5.8% 2000 – 2015 | 3-Mile Average Household Income: $70,359
- Atlanta – Sandy – Springs – Marietta (MSA) | 9th largest metropolitan area in the US | Population: 5,268,860