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Grocery Store

Sprouts (Atlanta MSA) | Brand New Prototype Store

1040 Chen Pkwy, McDonough, GA 30253

Listing Price: $11,000,000

Cap Rate
5.29%
Tenant Name
Sprouts Farmers Market
Years Remaining On Lease
14.3
Gross SF
23,256
Guarantor
Corporate Guarantee
Rentable SF
23,256
Price/Gross SF
$473.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.00

Investment Overview

--Prime Retail Location--

-Located Near Interstate 75 with Traffic Counts Exceeding 167,000 Cars Per Day | I-75 is a Major Highway that Connects Miami to Detroit

-Newly Constructed Prototype Store with a 20-Year Roof Warranty

-Multiple Residential Developments Next Door Including The Levi Luxury Apartments (±660 Brand New Apartments/Townhomes) and 66 Single Family Houses

-The Subject Property is Part of a Brand-New Master Planned Development with a Number of Premium Retailers Including Whataburger, Chick-fil-A, Starbucks, Bank of the Ozarks, First Watch, Bubba’s 33, Valvoline, Costco, Chipotle, Hacienda Bar & Grill, Lush Nail Bar, and Many More

--Corporate Sprouts Farmers Market--

-NNN Property with Minimal Landlord Responsibilities – Ideal for Investors Not Local to the Market

-Sprouts Generated $7.72 Billion in Revenue in 2024 – a 13% Increase Over 2023 and Comparable Store Sales Growth of 7.6% | Sprouts Plans to Open 35 New Stores in 2025

-Publicly Traded Company (NASDAQ: SFM) with Over 440 Locations and 35,000 Employees

-Fixed Rental Increases Provide Consistent Rental Growth and a Hedge Against Inflation

--Pride of Ownership Property in McDonough, GA--

-Dense, Infill Location with Over 102,000 Residents Within 5 Miles | Affluent Area with the Average Household Income Exceeding $94,000 Within 5 Miles

-The Surrounding Area Benefits From a Very Low Unemployment Level of 2.62%

-Access to Major Interstate Corridor with Easy Access to Downtown Atlanta Makes the Local Market an Industrial & Distribution Hub with ±8.8M Square Feet of Industrial Properties

-Atlanta is the 3rd Fastest Growing MSA in the United States and is the Economic Hub of the Southeast

Investment Highlights

  • Brand New 15-Year Corporate Guaranteed Sprouts Farmers Market
  • #1 Visited Sprouts in the Entire State of Georgia According to Placer.ai (Please Contact Agent for More Details)
  • Trophy Net Leased Asset with Leading Organic Grocer in the Atlanta MSA
  • Attractive Seller Financing Available with a Below-Market Interest Rate (Please Contact Agent for More Details)

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Grocery Store

Sprouts (Atlanta MSA) | Brand New Prototype Store

Listing Price: $11,000,000

Cap Rate
5.29%
Tenant Name
Sprouts Farmers Market
Years Remaining On Lease
14.3
Gross SF
23,256
Guarantor
Corporate Guarantee
Rentable SF
23,256
Price/Gross SF
$473.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.00

Investment Highlights

  • Brand New 15-Year Corporate Guaranteed Sprouts Farmers Market
  • #1 Visited Sprouts in the Entire State of Georgia According to Placer.ai (Please Contact Agent for More Details)
  • Trophy Net Leased Asset with Leading Organic Grocer in the Atlanta MSA
  • Attractive Seller Financing Available with a Below-Market Interest Rate (Please Contact Agent for More Details)

Investment Overview

--Prime Retail Location-- -Located Near Interstate 75 with Traffic Counts Exceeding 167,000 Cars Per Day | I-75 is a Major Highway that Connects Miami to Detroit -Newly Constructed Prototype Store with a 20-Year Roof Warranty -Multiple Residential Developments Next Door Including The Levi Luxury Apartments (±660 Brand New Apartments/Townhomes) and 66 Single Family Houses -The Subject Property is Part of a Brand-New Master Planned Development with a Number of Premium Retailers Including Whataburger, Chick-fil-A, Starbucks, Bank of the Ozarks, First Watch, Bubba’s 33, Valvoline, Costco, Chipotle, Hacienda Bar & Grill, Lush Nail Bar, and Many More --Corporate Sprouts Farmers Market-- -NNN Property with Minimal Landlord Responsibilities – Ideal for Investors Not Local to the Market -Sprouts Generated $7.72 Billion in Revenue in 2024 – a 13% Increase Over 2023 and Comparable Store Sales Growth of 7.6% | Sprouts Plans to Open 35 New Stores in 2025 -Publicly Traded Company (NASDAQ: SFM) with Over 440 Locations and 35,000 Employees -Fixed Rental Increases Provide Consistent Rental Growth and a Hedge Against Inflation --Pride of Ownership Property in McDonough, GA-- -Dense, Infill Location with Over 102,000 Residents Within 5 Miles | Affluent Area with the Average Household Income Exceeding $94,000 Within 5 Miles -The Surrounding Area Benefits From a Very Low Unemployment Level of 2.62% -Access to Major Interstate Corridor with Easy Access to Downtown Atlanta Makes the Local Market an Industrial & Distribution Hub with ±8.8M Square Feet of Industrial Properties -Atlanta is the 3rd Fastest Growing MSA in the United States and is the Economic Hub of the Southeast

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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