8350 Senoia RdFairburn, GA 30213

  • Auto shops
  • 6,060 SF
For Sale
$3,000,000 View listing

Property Details for 8350 Senoia Rd

Year built
2021
Construction
WOOD
Lot size
0.85 AC
Property size (Sq ft)
6,060 SF
Zone code
C2
Property type
Auto shops
APN
09F020200132937
APU
09F020200132937

Description

This exceptional investment opportunity presents a newly constructed, free-standing Popeyes restaurant in Fairburn, Georgia. The property boasts a 15-year absolute NNN lease, commencing upon closing in Q3 2023, with a strong franchisee operator managing multiple successful QSR locations in the Atlanta area, including Popeyes, Tim Hortons, Moe's, and Checkers. The lease includes attractive 7.5% rent increases every five years and two five-year renewal options, ensuring long-term, stable income. The 2,200 square foot building sits on approximately 0.8 to 1 acre of land and is situated on a main retail thoroughfare in Fairburn, offering excellent visibility and accessibility. The property's location benefits from a high-density population (74,232 people within a 5-mile radius) and a strong average household income ($96,328 within a 1-mile radius). The asking price is $3,000,000, representing a compelling 6% capitalization rate and a price per square foot of $1,363.64. This is a rare chance to acquire a high-performing asset in a rapidly growing market with a proven tenant and a secure, long-term lease. The property is classified as Class A and offers a 100% occupancy rate with a current net operating income (NOI) of $180,000. The single-story building was constructed in 2023.

Location Insight

City
Fairburn
County
Fulton
State
Georgia
Latitude
33.5299
Longitude
-84.5753
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,878
$308,000
$360,800
$668,800
-
$770,000
$902,000
$1,672,000

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