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Net Lease

Sunbelt Rentals (Atlanta MSA)

5290 Lake Pointe Center Dr, Cumming, GA 30041

Listing Price: $3,200,000

Cap Rate
6.23%
Lot Size
3.02 acres
Year Built
2000
Rentable SF
8,750

Investment Overview

Corporate Lease with Sunbelt Rentals, Inc
- 2nd Largest Equipment Rental Company in the U.S.

Parent Company Ashtead Group | LON: AHT
- Investment Grade Tenant | Baa3/BBB-

5-Year NNN Lease with 2% Annual Rental Increases
- One Five-Year Option | Minimal LL Responsibilities

Immediate Access to GA State Route 400 (US Hwy 19)
- Hwy System Connects Metro ATL to North Georgia

Build to Suit | Longstanding Successful Location
- 25+ Years of Historical Occupancy

Located in the Atlanta, Georgia MSA
- 6th Largest MSA in the U.S. | 6,400,000+ Population

Year Over Year Strong Population Growth
- Over 240,000 Residents within a 10-Mile Radius

Surrounded by New Development on GA 400 Corridor
- Includes Commercial and Residential Projects

Adjacent to Top Tourism Destination Lake Lanier
- 10,000,000 Visitors Annually | $5B Economic Impact

Investment Highlights

  • Corporate Lease with Sunbelt Rentals, Inc - 2nd Largest Equipment Rental Company in the U.S.
  • Parent Company Ashtead Group | LON: AHT - Investment Grade Tenant | Baa3/BBB-
  • 5-Year NNN Lease with 2% Annual Rental Increases - One Five-Year Option | Minimal LL Responsibilities
  • Immediate Access to GA State Route 400 (US Hwy 19) - Hwy System Connects Metro ATL to North Georgia
  • Build to Suit | Longstanding Successful Location - 25+ Years of Historical Occupancy
  • Located in the Atlanta, Georgia MSA - 6th Largest MSA in the U.S. | 6,400,000+ Population
  • Year Over Year Strong Population Growth - Over 240,000 Residents within a 10-Mile Radius
  • Surrounded by New Development on GA 400 Corridor - Includes Commercial and Residential Projects

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Net Lease

Sunbelt Rentals (Atlanta MSA)

Listing Price: $3,200,000

Cap Rate
6.23%
Lot Size
3.02 acres
Year Built
2000
Rentable SF
8,750

Investment Highlights

  • Corporate Lease with Sunbelt Rentals, Inc - 2nd Largest Equipment Rental Company in the U.S.
  • Parent Company Ashtead Group | LON: AHT - Investment Grade Tenant | Baa3/BBB-
  • 5-Year NNN Lease with 2% Annual Rental Increases - One Five-Year Option | Minimal LL Responsibilities
  • Immediate Access to GA State Route 400 (US Hwy 19) - Hwy System Connects Metro ATL to North Georgia
  • Build to Suit | Longstanding Successful Location - 25+ Years of Historical Occupancy
  • Located in the Atlanta, Georgia MSA - 6th Largest MSA in the U.S. | 6,400,000+ Population
  • Year Over Year Strong Population Growth - Over 240,000 Residents within a 10-Mile Radius
  • Surrounded by New Development on GA 400 Corridor - Includes Commercial and Residential Projects

Investment Overview

Corporate Lease with Sunbelt Rentals, Inc - 2nd Largest Equipment Rental Company in the U.S. Parent Company Ashtead Group | LON: AHT - Investment Grade Tenant | Baa3/BBB- 5-Year NNN Lease with 2% Annual Rental Increases - One Five-Year Option | Minimal LL Responsibilities Immediate Access to GA State Route 400 (US Hwy 19) - Hwy System Connects Metro ATL to North Georgia Build to Suit | Longstanding Successful Location - 25+ Years of Historical Occupancy Located in the Atlanta, Georgia MSA - 6th Largest MSA in the U.S. | 6,400,000+ Population Year Over Year Strong Population Growth - Over 240,000 Residents within a 10-Mile Radius Surrounded by New Development on GA 400 Corridor - Includes Commercial and Residential Projects Adjacent to Top Tourism Destination Lake Lanier - 10,000,000 Visitors Annually | $5B Economic Impact

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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