Quiktrip | Corporate Ground Lease | NWQ Poplar & Newnan Crossing Bypass Rd
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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
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
Parcel Number | 087-2005-004 | Improvements Assessment | $401,278 |
Land Assessment | $674,568 | Total Assessment | $1,075,846 |
PROPERTY TAXES
Parcel Number
087-2005-004
Land Assessment
$674,568
Improvements Assessment
$401,278
Total Assessment
$1,075,846
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Quiktrip | Corporate Ground Lease | NWQ Poplar & Newnan Crossing Bypass Rd
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