11437 Tara blvd - Retail FOR SALE


Hampton, GA 30228
$4,021,000 USD
980-498-3293
11437 Tara blvd, Hampton, GA for Sale
$4,021,000 USD
Retail - FOR SALE
1/5
null | 4.85% Cap Rate

11437 Tara blvd
Hampton, GA 30228


HIGHLIGHTS

  • CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT
  • RETAIL DENSE STRIP
  • STRONG LEASE FUNDAMENTALS

OVERVIEW

STRONG LEASE FUNDAMENTALS - 15 Year Abs. NNN Lease with zero landlord responsibilities - Four (4) five (5) year extensions remaining - 10% Increases every 5 years in base rent and extension periods CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT - Chipotle has a Market Cap of $82B (NYSE: CMG) with over 3,200+ locations across the country - Chipotle opened 304 new restaurants in 2024 with 257 of those locations utilizing a Chipotlane RETAIL DENSE STRIP - More than 848K SF of retail space located within a 2-mile radius of the subject site - Nearby National Retail Tenants Include: Walmart Supercenter, The Home Depot, The Food Depot, and much more ATLANTA, GA MSA - The Chipotle Mexican Grill is located in the Atlanta, GA MSA, as the 8th largest U.S. metro, Atlanta has over 6.2 million residents and continues to expand - Home to 13+ Fortune 500 companies, the region’s economic strength drives demand for retail RECENT FULL RENOVATION ON HIGHLY TRAFFICKED CORRIDOR - The site is positioned on Tara Blvd which sees over 40k VPD, and the building was previously another QSR brand that has been fully converted to Chipotle’s exact specifications NEARBY ECONOMIC DRIVERS - Site is surrounded by eight schools which includes high schools and middle schools - Lovejoy High School - Under two miles from the site - Over 2,100 Students - Michelle Obama STEM Academy - Under 2 miles from the site - More than 1,000 Students - Total Student Population in this radius is over 7,000 Students

FOR SALE DETAILS

PRICE

$4,021,000 USD

PRICE/SF

$1,434 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle Mexican Grill

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

06-0131D-00A-009

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.