For Sale
$6,330,000

3229 Peachtree Corners CirPeachtree Corners, GA 30092

High-Yield NNN Lease Investment

Overview

Added:
Jan 24
Days on market:
70
This exceptional investment opportunity presents a fee-simple interest in a 5,000-square-foot QuikTrip gas station and convenience store located at 3229 Peachtree Corners Circle, Peachtree Corners, GA 30092, within the Atlanta MSA. The property, built in 2014 and boasting a modern "Generation 3" store format, sits on a 1.46-acre lot and features 16 gas pumps. Currently operating under a corporate-guaranteed Absolute NNN lease with QuikTrip, a leading convenience store operator, the lease commenced February 1, 2015, and extends through June 30, 2034, with seven 5-year renewal options. The remaining lease term is 9.4 years, providing significant long-term stability. The current annual net operating income (NOI) is $370,536, representing a 5.85% cap rate and a price per square foot of $1,266. Rent bumps are built into the lease, with a $2.32 per square foot increase scheduled for February 2030 and every five years thereafter. The property benefits from a high-traffic location, with over 30,700 vehicles passing daily, and serves a robust demographic area with a population exceeding 246,000 and an average household income of $122,000. This is a rare opportunity to acquire a high-performing, single-tenant net lease property backed by a financially strong national tenant, offering significant long-term income potential and minimal landlord responsibilities. The asking price is $6,330,000.

Highlights

  • $6,330,000 asking price for a QuikTrip convenience store and gas station in Peachtree Corners, GA.
  • Absolute NNN lease with corporate guarantee from QuikTrip Corporation.
  • 9.4 years remaining on the lease with 7 x 5-year options.
  • 5,000 square foot building on a 1.46-acre lot, built in 2014.
  • 5.85% cap rate with a current NOI of $370,536.
  • High traffic location with 30,700+ vehicles per day.

Property Details for 3229 Peachtree Corners Cir

Property type
Retail properties, Grocery and convenience stores
Square Feet
5,000 SF
Year Built
2014
Buildings
1
Stories
1
Lot Size (sq. ft)
63,598 SF

Location Insight

City
Peachtree Corners
County
Gwinnett
State
Georgia
Latitude
33.942232066773
Longitude
-84.249633657004
3229 Peachtree Corners Cir, Peachtree Corners, Georgia

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3229 Peachtree Corners Cir
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message