6138 Pavillion Way Covington (Atlanta), GA 30014

This exceptional investment opportunity presents a newly constructed, 7,825-square-foot Olive Garden restaurant situated on a 2.68-acre lot in Covington, Georgia. The property boasts a brand-new, 10-year absolute NNN ground lease with built-in rent increases every five years, extending through four additional five-year option periods. This structure ensures consistent and growing income with minimal landlord responsibilities, making it an ideal passive investment. The location is strategically positioned within a high-traffic retail corridor, benefiting from exceptional visibility and accessibility. Daily traffic counts exceed 33,000 vehicles on US Highway 278, 77,000 on Interstate-20, and 22,000 on Turner Lake Road. The surrounding area is a thriving retail hub, anchored by a diverse range of national retailers including Longhorn Steakhouse, Bojangles, Applebee's, Chick-fil-A, and many more. The strong demographics are further supported by a population exceeding 127,000 within a 10-mile radius, boasting an average household income of approximately $98,000. Projected population growth within the next five years is estimated at 7%. The property's net operating income is $203,000, offering a compelling return on investment. This turnkey investment presents a rare opportunity to acquire a high-performing asset in a rapidly growing market. The asking price is $4,060,000.