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QuikTrip
2841 Turner Hill Rd, Lithonia, GA 30058
Listing Price: $10,877,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease QuikTrip in Lithonia, GA. The property consists of a 4,956-square-foot, freestanding building that sits on approximately 2.30 acres of land. There are approximately 12.7 years remaining on the current lease term, with five percent rental escalations every five years, as well as each option thereafter. The signalized hard corner location has frontage on three major routes: Interstate 20 (137,000 VPD), Turner Hill Road (25,686 VPD) and Covington Highway (10,300 VPD). The area is dense with more than 104,109 residents within a five-mile radius. The nearby Mall of Stonecrest features more than 1.2 million square feet of retail and is anchored by JC Penny, Dillard’s and Macy’s.
QuikTrip
Investment Highlights
- Absolute Net Lease with Approximately 12.7 Years Remaining
- Superior Lease Structure Compared to Other QuikTrip Locations – 5% Rental Escalations Every Five Years
- Next to The Mall at Stonecrest, a Super-Regional Shopping Mall in the Growing I-20 Retail Corridor
- Atlanta, GA MSA - 21 Miles to Downtown
- Signalized Hard Corner Location with Excellent Visibility on Interstate 20 (137,000 VPD)
- More than 104,109 Residents Within a Five-Mile Radius
- Generation 2.5 Prototype (Includes QT Kitchen Renovation) on a Large 2.30 Acre Parcel
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $10,877,000
Investment Highlights
- Absolute Net Lease with Approximately 12.7 Years Remaining
- Superior Lease Structure Compared to Other QuikTrip Locations – 5% Rental Escalations Every Five Years
- Next to The Mall at Stonecrest, a Super-Regional Shopping Mall in the Growing I-20 Retail Corridor
- Atlanta, GA MSA - 21 Miles to Downtown
- Signalized Hard Corner Location with Excellent Visibility on Interstate 20 (137,000 VPD)
- More than 104,109 Residents Within a Five-Mile Radius
- Generation 2.5 Prototype (Includes QT Kitchen Renovation) on a Large 2.30 Acre Parcel
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease QuikTrip in Lithonia, GA. The property consists of a 4,956-square-foot, freestanding building that sits on approximately 2.30 acres of land. There are approximately 12.7 years remaining on the current lease term, with five percent rental escalations every five years, as well as each option thereafter. The signalized hard corner location has frontage on three major routes: Interstate 20 (137,000 VPD), Turner Hill Road (25,686 VPD) and Covington Highway (10,300 VPD). The area is dense with more than 104,109 residents within a five-mile radius. The nearby Mall of Stonecrest features more than 1.2 million square feet of retail and is anchored by JC Penny, Dillard’s and Macy’s.
Exclusively Listed By
Broker of Record
Financing By
