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Quiktrip | Corporate Ground Lease NWQ Poplar & Newnan Crossing Bypass Rd

5,312 SF Retail Building Newnan, GA 30265 $3,300,000 ($621/SF) 4.24% Cap Rate

Investment Highlights

  • 15-Year Corporate Ground Lease with Rare 7% Rental Increases Every 5 Years
  • Along I-85 Corridor (62K VPD), SE Atlanta’s Top Retail Destination
  • QT: 1,000+ Locations | 7th Largest C-Store Chain in the U.S.
  • Opportunity to Purchase Incredibly Low Price Point QT
  • Across from Piedmont Newnan Hospital (217 Beds/1000+ Employees) & New Mercedes-Benz Service Center
  • Newnan | 30 Minutes from Downtown Atlanta | Population: 46,115+

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
5,312 SF
Year Built
2024
Price
$3,300,000
Price Per SF
$621
Cap Rate
4.24%
NOI
$140,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Land Acres
2.24 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
087-2005-004
Land Assessment
$674,568
Improvements Assessment
$401,278
Total Assessment
$1,075,846
  • Listing ID: 31891925

  • Date on Market: 5/22/2024

  • Last Updated:

  • Address: NWQ Poplar & Newnan Crossing Bypass Rd, Newnan, GA 30265

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