For Sale
$2,750,000

6670 Tara BlvdJonesboro, GA 30236

High-traffic McDonald's, strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 3,909 square foot, single-tenant McDonald's restaurant located at 6670 Tara Blvd, Jonesboro, GA 30236. The property boasts a Class A, absolute NNN lease with a corporate McDonald's, ensuring stable and predictable cash flow. The lease commenced February 15, 2010, and expires July 28, 2030, with six five-year renewal options, providing significant long-term security. The current lease term remaining is 5.7 years. The property features 250 feet of frontage on Tara Blvd. and Mt. Zion Road, a high-traffic area with over 79,000 vehicles daily, ensuring exceptional visibility and accessibility. The asking price is $2,750,000, representing a 2.75% cap rate and a price per square foot of $703.50. The property sits on a 44,431 square foot lot and generates a Net Operating Income (NOI) of $75,624. Rent increases are built into the lease with 10% bumps every five years. The property's strategic location offers easy access to Downtown Atlanta (15.8 miles), Hartsfield-Jackson Atlanta International Airport (10.9 miles), and I-285 (4.5 miles). The surrounding area boasts a strong demographic profile, with an average household income within 5 minutes of $57,468 and a population of 80,000 within a 3-mile radius. This is a rare opportunity to acquire a stabilized, high-performing asset in a prime location with significant long-term growth potential. The property is zoned MX (Mixed Use). The APN is 13-147B-H-002.

Highlights

  • 3,909 SF, single-tenant building constructed in 2010, located in prime Atlanta, MX zoning, 100% occupancy.
  • Corporate McDonald's absolute NNN ground lease expiring July 28, 2030, with five 5-year options.
  • 250 feet of frontage on Tara Blvd. and Mt. Zion Rd., over 79,000 vehicles per day.
  • $57,468 average household income within 5 minutes, 80,000 population within 3 miles; proximity to Downtown Atlanta (15.8 miles), Hartsfield-Jackson Airport (10.9 miles), and I-285 (4.5 miles).

Property Details for 6670 Tara Blvd

Property type
Retail properties, Restaurants
Square Feet
3,909 SF
Class
A
Buildings
1
Stories
1
Units
1

Location Insight

City
Jonesboro
County
Clayton
State
Georgia
Latitude
33.572277
Longitude
-84.371205
6670 Tara Blvd, Jonesboro, Georgia

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6670 Tara Blvd
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