This exceptional investment opportunity presents a ground lease for a newly constructed (2024) Chick-fil-A restaurant in Snellville, Georgia. The 5,399 square foot building sits on a 2.567-acre lot at 3366 Centerville Hwy, 30039, within the thriving Gwinnett County market. The property benefits from a 20.1-year absolute NNN lease (commencing January 15, 2025, and expiring January 31, 2045), providing significant long-term income stability. The lease includes rent bumps, ensuring consistent growth. The tenant, Chick-fil-A, Inc., provides a corporate guarantee, mitigating risk. The property boasts a strong 4.00% cap rate and a current NOI of $159,500. This prime location along Centerville Highway (32,900 AADT) offers excellent visibility and accessibility, surrounded by major retailers like Walmart, Lowe's, Target, and more, ensuring high traffic volume. The site is strategically positioned within a densely populated area (138,783 residents within a five-mile radius) with a high average household income ($113,161 within five miles), promising continued growth. The property's proximity to Centerville Rosebud Shopping Center further enhances its appeal and accessibility. This offering is ideal for a 1031 exchange. The asking price is $3,988,000.
Highlights
High-traffic Chick-fil-A location on Centerville Highway (32,900 AADT) with excellent visibility and accessibility.
Strong co-tenancy with Walmart, Lowe's, Target, Sam's Club, Home Depot, and Publix, driving significant customer traffic.
Thriving suburban location with 138,783 residents and $113,161 average household income within a five-mile radius.
Conveniently located near Centerville Rosebud Shopping Center in the Snellville area of the Atlanta MSA, offering excellent growth potential.
The property is located at 3366 Centerville Hwy Snellville, GA.
What is the asking price?
The asking price for this property is $3,988,000.
What are key features of this property?
This property features: High-traffic Chick-fil-A location on Centerville Highway (32,900 AADT) with excellent visibility and accessibility.; Strong co-tenancy with Walmart, Lowe's, Target, Sam's Club, Home Depot, and Publix, driving significant customer traffic.; Thriving suburban location with 138,783 residents and $113,161 average household income within a five-mile radius.
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 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 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].
Contacts
Vincent Aicale
Michael Yuras
Ryan Forsyth
Scott Crowle
Visit Broker Website
Learn more
Useful Information
Request information
Centerville Hwy Snellville, GA 30039
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
Centerville Hwy Snellville, GA 30039
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
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.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
3366 Centerville Hwy
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.