Skip to main content

Restaurant

Corporate Arby's

1963 Jonesboro Rd, McDonough, GA 30253

Listing Price: $2,442,200

Cap Rate
5.45%
Tenant Name
Arby's
Years Remaining On Lease
4.3
Gross SF
3,530
Guarantor
Corporate Guarantee
Rentable SF
3,530
Price/Gross SF
$691.84
Lease Type
NNN Ground Lease
Rent Per Square Feet
$37.71

Investment Overview

Marcus & Millichap is pleased to offer for sale a 3,530-square-foot drive-through restaurant in McDonough, GA, (the Property) in which Arby’s has over four years remaining on their long-term, triple-net ground lease. Arby’s has operated at this location for over 15 years, and still has four, five-year renewal options remaining on the corporately guaranteed lease, with each option featuring a 10% rent increase to offset inflation. The Property is near the intersection of Jonesboro Road and Towne Centre Village Drive in McDonough’s main retail corridor, with national tenants nearby including Target, Dick’s Sporting Goods, PetSmart, Michaels, Bath & Body Works, The Home Depot, Floor & Décor, Starbucks, McDonald’s, and many more. Additionally, just half a mile west of the Property is the I-75 exit, a major highway leading to downtown Atlanta that is used by over 117,000 vehicles every day.

Investment Highlights

  • Absolute NNN Ground Lease – Zero Landlord Responsibilities
  • Strong Demographics – Population is Expected to Grow by 9.45% Over Next Five Years Within a Three-Mile Radius
  • Atlanta MSA – Just 25 Miles Southeast of Downtown Atlanta
  • Four, Five-Year Renewal Options Featuring 10% Rent Increases
  • Neighbored by National Retailers Including The Home Depot, Dick's Sporting Goods, Target, Michaels, Bath & Body Works, Men's Warehouse, and Numerous Others

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Restaurant

Corporate Arby's

Listing Price: $2,442,200

Cap Rate
5.45%
Tenant Name
Arby's
Years Remaining On Lease
4.3
Gross SF
3,530
Guarantor
Corporate Guarantee
Rentable SF
3,530
Price/Gross SF
$691.84
Lease Type
NNN Ground Lease
Rent Per Square Feet
$37.71

Investment Highlights

  • Absolute NNN Ground Lease – Zero Landlord Responsibilities
  • Strong Demographics – Population is Expected to Grow by 9.45% Over Next Five Years Within a Three-Mile Radius
  • Atlanta MSA – Just 25 Miles Southeast of Downtown Atlanta
  • Four, Five-Year Renewal Options Featuring 10% Rent Increases
  • Neighbored by National Retailers Including The Home Depot, Dick's Sporting Goods, Target, Michaels, Bath & Body Works, Men's Warehouse, and Numerous Others

Investment Overview

Marcus & Millichap is pleased to offer for sale a 3,530-square-foot drive-through restaurant in McDonough, GA, (the Property) in which Arby’s has over four years remaining on their long-term, triple-net ground lease. Arby’s has operated at this location for over 15 years, and still has four, five-year renewal options remaining on the corporately guaranteed lease, with each option featuring a 10% rent increase to offset inflation. The Property is near the intersection of Jonesboro Road and Towne Centre Village Drive in McDonough’s main retail corridor, with national tenants nearby including Target, Dick’s Sporting Goods, PetSmart, Michaels, Bath & Body Works, The Home Depot, Floor & Décor, Starbucks, McDonald’s, and many more. Additionally, just half a mile west of the Property is the I-75 exit, a major highway leading to downtown Atlanta that is used by over 117,000 vehicles every day.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

MM Texture Background
MM Textured Background Lower