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.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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3229 Peachtree Corners Cir
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