Floor & Decor - Conyers, GA_Actifs en vente

1478 Old Salem Road Southeast, Conyers, GA, 30013, US

Floor & Decor - Conyers, GA

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the Floor & Décor located at 1478 Old Salem Road Southeast in Conyers, Georgia (“Property” or “Asset”). Floor & Decor is operating on an absolute NNN ground lease lease with ±11.5 years of primary lease term remaining, 10.0% rent escalations every 5 years, six, five-year renewal options and zero landlord responsibilities.

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Caractéristiques de l'actif

Prix attendu

4 185 000 €

Taux de capitalisation

6,5 %

Revenu net

272 000 €

WALT

11.5 années

Surface de l'actif Net

7 246 m²

Média

Points clés d'investissement

Absolute NNN ground lease with ±11.5 years of lease term remaining and zero landlord responsibilities
Co-anchor to Salem Gate shopping center with 1.1 million visits annually
The nearest Northern Tool is over 14 miles from the Property
I-20/Hwy 138 intersection with direct visibility to 165,000+ VPD
Positioned within a super regional retial destination and a top 15% retail node in GA
Explosive 24% population growth since 2010 within a 1-mile radius
Floor & Décor is a leading specialty retailer of hard surface flooring