1160 Jonesboro RdMcDonough, GA 30253

Exceptional investment opportunity featuring a brand-new, 2,500 square foot Starbucks located at 1160 Jonesboro Rd, McDonough, GA 30253. This single-tenant, net-lease property boasts a 10-year lease commencing August 1, 2024, and expiring July 31, 2034, with built-in rent bumps. The property sits on a 1.02-acre lot in a high-traffic area, experiencing 33,800 vehicles daily on Jonesboro Road, a primary east-west thoroughfare. Its strategic location between Downtown McDonough and Interstate 75 ensures excellent visibility and accessibility. The property benefits from proximity to major retailers including Target, Home Depot, Sam's Club, and more, attracting a substantial customer base. With a strong demographic profile, including 99,992 residents within a five-mile radius and an average annual household income exceeding $101,610, this investment offers significant potential for long-term growth. The property features a 6.00% cap rate and a net operating income (NOI) of $172,500, with an asking price of $2,875,000. The tenant, Starbucks Corporation, is investment-grade rated and provides a corporate guarantee, mitigating risk. This is a 1031 exchange eligible property.