8350 Senoia Rd - Fast Food FOR SALE


Fairburn, GA 30213
$3,026,000 USD
404-812-8925
8350 Senoia Rd, Fairburn, GA for Sale
$3,026,000 USD
Fast Food - FOR SALE
1/4
null | 5.75% Cap Rate

8350 Senoia Rd
Fairburn, GA 30213


HIGHLIGHTS

  • New construction to be completed and open in Q3 of 2023
  • 15 year absolute NNN lease - 10% increases every 5 years with 2 x5year options
  • Sale leaseback with a strong franchisee- Operates Popeye's, Tim Hortons, Checkers, & Moe's
  • Well located off I-85 in Fairburn with an ideal location on the main retail artery of one of the most affluent areas in Fairburn.
  • 74,232 people living within a 5 mile radius with an excellent average household income in a 1 mile radius of $96,328

OVERVIEW

This investment opportunity offering is an excellent opportunity to acquire newly developed free-standing Popeyes, located in Fairburn, Georgia. The property will finish development and open for business in Q3 of 2023, and with have a 15 year NNN lease with Popeyes, that includes 10% increases every 5 years, and two 5-year options. The franchisee is based in Atlanta, and currently operates Popeyes, Tim Hortons, Moe's, & Checkers locations. Popeyes is one of the fastest growing QSR brands in the world, and this is an ideal location for the restaurant.

FOR SALE DETAILS

PRICE

$3,026,000 USD

PRICE/SF

$504 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes- Fairburn - 15 YR Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C

APN/PARCEL ID

09F-0202-0013-293-7

ASK ABOUT THIS PROPERTY

Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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