3975 Flat Shoals PkwyDecatur, GA 30034
High-yield QuikTrip investment, strong lease terms.
Overview
- Added:
- Jan 24
- Days on market:
- 71
Highlights
- $8,410,000 asking price for a fee-simple interest in a QuikTrip convenience store and gas station.
- Absolute NNN lease with corporate guarantee from QuikTrip Corporation.
- 9.4 years remaining on a 17.4-year lease with seven 5-year renewal options; rent increases every 5 years starting in 2032.
- 5,858 square feet on a 2.26-acre lot in Decatur, GA (Atlanta MSA).
- 5.65% cap rate with a $475,320 NOI.
- High-traffic location with 42,200+ vehicles per day (VPD) and proximity to major expressways.
Property Details for 3975 Flat Shoals Pkwy
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 5,858 SF
- Year Built
- 2016
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 98,446 SF
Location Insight
- City
- Decatur
- County
- DeKalb
- State
- Georgia
- Latitude
- 33.691843475474
- Longitude
- -84.260354819476
Nearby Similar for Sale
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