For Sale
$1,742,504

5259 Stone Mountain HwyStone Mountain, GA 30087

High-yield QSR Net Lease in GA

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fee-simple ownership of a 3,877 square foot Hardee's/Carl's Jr. restaurant located at 5259 Stone Mountain Hwy, Stone Mountain, GA 30087. The property sits on a 0.812-acre corner lot with 49 parking spaces, benefiting from its strategic location at a signalized intersection of major thoroughfares connecting Stone Mountain to the Atlanta MSA. Built in 1980, this single-tenant, absolute NNN leased property boasts a 5.75% cap rate and a strong NOI of $100,194. The current lease, with a franchisee tenant, commenced January 1, 2014, and expires December 31, 2033, leaving a substantial 9.1 years remaining. The lease includes four 5-year renewal options and features fixed 2.0% annual rent bumps, providing a hedge against inflation and ensuring consistent income growth. The asking price is $1,742,504, translating to a price per square foot of $449.45. This QSR property offers a passive investment with durable cash flow, benefiting from the tenant's long-term track record (nearly 45 years at this location) and the inherent resilience of the fast-food sector to economic downturns and e-commerce trends. The property's location in Gwinnett County, Georgia, further enhances its appeal, given Georgia's strong economic performance. The property was part of the Summit Restaurant Holdings LLC bankruptcy in 2023 and was subsequently acquired by ARC Burger LLC, an entity owned by High Bluff Capital Partners. APN: 6-061-072. 100% occupancy.

Highlights

  • $1,742,504 asking price for this 3,877 SF Hardee's/Carl's Jr. in Stone Mountain, GA.
  • Absolute NNN net lease with a franchisee tenant, offering a passive investment opportunity with no landlord responsibilities.
  • 9.1 years remaining on a 20-year lease with fixed 2% annual rent increases, providing stable cash flow and inflation protection.
  • Located on a corner lot at a signalized intersection of major thoroughfares in a high-traffic area with excellent visibility.
  • Strong, recession-resistant QSR tenant with a long-term track record in this location (nearly 45 years).
  • Georgia's strong economy further enhances the investment's appeal.

Property Details for 5259 Stone Mountain Hwy

Property type
Retail properties, Restaurants
Square Feet
3,877 SF
Year Built
1980
Lot Size (sq. ft)
35,371 SF

Location Insight

City
Stone Mountain
County
Gwinnett
State
Georgia
Latitude
33.8238514
Longitude
-84.1120425
5259 Stone Mountain Hwy, Stone Mountain, Georgia

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5259 Stone Mountain Hwy
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