QuikTrip - Norcross, GA (Atlanta MSA)
3229 Peachtree Corners Circle, Peachtree Corners, GA, 30092, US
8 974 000 $ | 465 mètres carrés
Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee-simple interest in a single-tenant QuikTrip gas & convenience store located at 692 Powder Springs St, Marietta, GA.
In June 2024, QuikTrip affirmed its long-term commitment to the Property by executing a new 10-year lease extension. The lease features over 9 years of lease term remaining, rent increases of $2.60 PSF in 2032 and every five years thereafter, zero landlord expense responsibilities, and seven, five-year renewal options.
Located ±16 miles northwest of downtown Atlanta in an affluent community ($106,000+ avg. HHI), the Property sits on a hard corner and only one mile south of the Historic Marietta Square in downtown Marietta. Dobbins Air Reserve Base anchors the area, which is one of only nine standalone Reserve bases in the Air Force Reserve that houses 2,000+ Air Force personnel.
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Attributs
Prix demandé
12 064 000 $
Taux de capitalisation
5,65 %
Durée restante du bail
9.3 années
Type de bail
Triple Net Absolu
Année de construction
2015
Superficie du bâtiment nette
536 mètres carrés
Superficie du terrain brute
0,76 ha
Occupation
100 %
Média
Points forts de l'investissement
- Corporate guaranty from QuikTrip Corporation ("QT")
- Among the largest c-store operators with 1,085+ locations and $11B+ in revenue
- Absolute NNN lease structure with zero landlord expense responsibilities
- Recent 10-year lease extension, rent increases of ±$2.60 PSF in Feb 2032 and every five years thereafter
- Initially purpose-built for the Tenant in 1991 and completely rebuilt in 2015 for QT’s new “Generation 3” store format
- Hard corner & signalized intersection on Hwy-124 with high traffic counts of 42,200+ VPD
- 207k population (15% incr. since 2014) and $106k avg. household income
- Strong retail corridor with 3.9% vacancy and 23.0% rent growth since 2020
Contactez les courtiers
QuikTrip - Marietta, GA (Atlanta MSA) (0 Propriétés)
JLL peut vous aider à financer et à gérer votre portefeuille. Envoyez-nous un courriel aujourd'hui pour voir comment nous pouvons vous aider à réaliser vos ambitions.
Dernière mise à jour
22 janv. 2025
