For Sale
$2,215,000

7940 Senoia Rd Fairburn, GA 30213

Free-standing, NNN-leased restaurant

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 2,460-square-foot, Class A, free-standing Tim Hortons restaurant in Fairburn, Georgia. Located at 7940 Senoia Rd, this single-tenant property boasts a prime location off I-85, directly facing a large multifamily development, ensuring high visibility and accessibility. The property, built in 2014 and renovated in 2024, sits on a 0.98-acre lot and is zoned C-2. Currently operating at 100% occupancy, the property features a new 15-year absolute NNN lease with a strong franchisee (also operating Popeyes, Moe's, and Checkers) that includes 7.5% rent bumps every five years and two five-year renewal options. The lease commenced upon closing. The property generates a substantial net operating income (NOI) of $144,000, representing a 6.50% cap rate and a price per square foot of $900.41. With a daily traffic count exceeding 29,000 vehicles on Senoia Road (GA 74) and a strong one-mile average household income of $86,062 projected to grow 21% in five years, this investment offers exceptional returns and long-term stability. This sale-leaseback transaction provides a secure investment with a proven, rapidly expanding brand in a high-growth area. The property's strong financials, coupled with its strategic location and long-term lease, make it an attractive addition to any portfolio.

Highlights

  • 5-Year Absolute NNN Lease with 7.5% rent increases every 5 years, including two 5-year options.
  • Tim Hortons is experiencing significant Georgia market expansion.
  • Tim Hortons is a rapidly growing quick-service restaurant (QSR) with over 5,353 locations globally.
  • Sale-leaseback opportunity with a financially strong franchisee operating multiple QSR brands.
  • High visibility and accessibility; ideal I-85 location near a large multifamily development.
  • High traffic count exceeding 29,000 vehicles daily on Senoia Road (GA 74).

Property Details for 7940 Senoia Rd

Property type
Retail properties, Restaurants
Square Feet
2,460 SF
Class
A
Year Built/Renovated
2014/2024
Buildings
1
Stories
1
Lot Size (sq. ft)
42,689 SF
Units
1

Location Insight

City
Fairburn
County
Fulton
State
Georgia
Latitude
33.538432826251
Longitude
-84.576242478684

FAQs

What type of property is this?
Retail property - Free-standing, NNN-leased restaurant
Where is the retail property located?
The property is located at 7940 Senoia Rd Fairburn, GA.
What is the asking price?
The asking price for this property is $2,215,000.
What are key features of this property?
This property features: 5-Year Absolute NNN Lease with 7.5% rent increases every 5 years, including two 5-year options.; Tim Hortons is experiencing significant Georgia market expansion.; Tim Hortons is a rapidly growing quick-service restaurant (QSR) with over 5,353 locations globally.
How can I contact the broker?
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7940 Senoia Rd
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