823-827 Hwy 138 | Riverdale, GA 30296
Single-Tenant NNN Sale-Leaseback | Personally Guaranteed Lease
Presenting a fully leased, single-tenant NNN investment opportunity in the heart of Riverdale, GA. The property is leased to a well-established luxury salon suite operator under a 5-year sale-leaseback structure, personally guaranteed by the tenant. The lease includes 3% annual escalations, generating a stable and growing income stream with minimal landlord responsibilities.
Key Highlights:
Sale Leaseback NOI: $91,800 NOI | $7,650/month NNN
Lease Term: 5 years with renewal options
Escalations: 3% annually
Tenant Guarantee: Personally guaranteed lease
Total Building Size: ±5,471 SF across two buildings (823 & 827 Hwy 138)
Lot Size: ±0.83 Acres
Zoning: GB (Clayton County)
Tenant Profile:
The tenant operates multiple locations across Georgia and provides high-end salon suites for independent beauty professionals. Each suite is equipped with premium features including ionic dryers, shampoo backwash systems, Wi-Fi, and HDTV. Their proven business model generates recurring revenue through daily, weekly, and monthly suite rentals.
This offering represents a secure, passive investment backed by a resilient service-sector tenant and a personal guarantee, ensuring financial strength and commitment from ownership.
Tours are by appointment only, please do not disturb tenant