3999 Austell Rd
Austell, GA 30106
Corp NNN | 15% Increases | 382-Bed Hospital · Retail Property For Sale

Directly Across from “Top 100 Rated” 382-Bed Hospital – Shared Traffic Signal oPollo Tropical benefits from being located directly across the street from WellStar Cobb Hospital, a 382-Bed “Top 100 Rated” Hospital that serves South Cobb County. Cobb County is the third most populous county in the State of Georgia oThe Property benefits from direct access to the hospital via Hospital S Dr which intersects at Austell Road providing a signalized intersection for easy pedestrian and vehicular access. Densely Populated Area with Average Household Incomes Over 50% Higher than the National Average. oThe average household income in a three and five-mile radius of the Property is over $86,000 and $83,000 respectively, which is well over 50% higher than the national average thereby providing for more disposable income. Atlanta MSA Second-Fastest Growing Economy Amongst Top 10 U.S. Metro Areas oThe Property is located just 17 Miles from Downtown Atlanta. Atlanta is the ninth largest MSA in the country with over 5.8 Million residents. oAccording to the U.S. Bureau of Economic Analysis, the Atlanta MSA is the second-fastest growing economy for all U.S. MSA’s. The fastest growing MSA is San Francisco. Strong Commercial Corridor with over 1,650,000 Square Feet of Retail in a Half-Mile Radius. oThe Property is located in a dense retail corridor amongst numerous national tenants with anchors such as Target, Walmart Supercenter, Home Depot, Hobby Lobby, Burlington Coat Factory, Kohl’s, TJ Maxx, LA Fitness, Ross, and others. Top Average-Unit Sales Volumes at $2,400,000 per Store with Significant Tenant Investment oPollo Tropical has very strong average-unit sales volumes compared to other fast casual restaurants. In addition, due to the ground-leased nature of the lease, Pollo Tropical invests anywhere between $1.3 to $2.3 million on the construction of their restaurant.