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5969 Highway 42
Rex, GA 30273

Exxon · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 19+ Years of Term Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Four (4) x Five (5) Year Options to Renew
  • Strong Store Performance – 2.3 x Rent Coverage
  • 2% Annual Rent Increases
  • Blended CAP Rate of 8.35% Over Lease Term
  • Directly Off Interstate 675 – Sees Over 58,500 VPD

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
7,507 SF
Building Class
C
Year Built
1999
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
2.78 AC
Zoning
GB
Parking
14 Spaces (1.85 Spaces per 1,000 SF Leased)
  • Listing ID: 20995755

  • Date on Market: 9/18/2020

  • Last Updated:

  • Address: 5969 Highway 42, Rex, GA 30273