Floor & Decor - Conyers, GA
1478 Old Salem Road Southeast, Conyers, GA, 30013, US
₫129,796,640,000 | 7,246 m²
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the Northern Tool + Equipment located at 1454 Old Salem Road Southeast in Conyers, Georgia (“Property” or “Asset”). Northern Tool is operating on a NN lease with ±7.0 years of primary lease term remaining, 10.0% rent escalations every 5 years and two, five-year renewal options.
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Attributes
Asking price
₫104,411,960,000
Cap rate
7%
NOI
₫7,308,548,000
Building area net
2,046 m²
WAULT
7 years
Media
Investment Highlights
- Net lease with ±7.0 years of lease term remaining and minimal 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
- Northern Tool is a multi-channel retailer with over 120 locations across 20 states
Contact brokers
Northern Tool & Equipment - Conyers, GA (0 Properties)
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Last updated
19 Aug 2025
