URABLE INCOME BACKED BY CORPORATE CREDIT
- Zero landlord responsibilities
- Pollo Campero is owned and backed by Corporacion Multi Inversiones (CMI), a $4B dollar company with over 54,000 employees in 16 coutries
- 15 year term with 10% rental increases every 5 years & in options providing a strong inflation hedge
- Four (4) five (5) year extensions
HIGH GROWTH LARGE MARKET SHARE TENANT
- More than 400 locations worldwide and over 100 in the US, with an average store sales of $3.6M, the Guatemalan chicken brand is one of the fastest growing international QSR concepts
- 30 openings in the US in 2025 with a goals of 250 US locations by late 2020s
RECENT RENOVATIONS
- The building has recently been converted to suit the tenant’s specifications
- Tenant has paid to add specific capital improvements to enhance operational performance
- Dedicated drive-thru and 500 SF outdoor patio
FAST GROWING ATLANTA MSA
- ~6.4 million people within the MSA top 10 in the US
- YoY growth continues and median household income is $86,000
- Martin Aeronautics, Wellstar Health System, and Kennesaw State University (43,000+ students) propel traffic
ROBUST TRAFFIC & DAYTIME POPULATION
- The subject benefits from significant vehicle exposure and daytime density with Austell Road averaging 33k vehicles per day
- Within a half-mile of the site the daytime employment base exceeds 45,000 workers in the broader Marietta/Cobb submarket, fueling consistent lunch and dinner QSR trade beyond household demand
DENSE AREA WITH IMPRESSIVE DEMOGRAPHICS
- Site is located in a dense retail corridor with more than 1.9M SF of retail space within a 1-mile radius & positive net absorption of 126%
- Across the street Magnolia Square is Townhome development set for Q1 2027 delivery
- Average household income within a 3-mile radius exceeds $110,000