3858 Austell SW rd - Retail FOR SALE


Marietta, GA 30008
$2,545,000 USD
980-498-3293
3858 Austell SW rd, Marietta, GA for Sale
$2,545,000 USD
Retail - FOR SALE
1/5
null | 5.5% Cap Rate

3858 Austell SW rd
Marietta, GA 30008


HIGHLIGHTS

  • URABLE INCOME BACKED BY CORPORATE CREDIT
  • HIGH GROWTH LARGE MARKET SHARE TENANT
  • FAST GROWING ATLANTA MSA

OVERVIEW

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

FOR SALE DETAILS

PRICE

$2,545,000 USD

PRICE/SF

$1,000 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pollo Compero

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

-

APN/PARCEL ID

19-0856-0-031-0

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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