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QuikTrip

3195 Peachtree Industrial Blvd, Duluth, GA 30097

Listing Price: $3,200,000

Cap Rate
5.50%
Tenant Name
QuikTrip
Years Remaining On Lease
5.2
Gross SF
4,176
Guarantor
Corporate Guarantee
Rentable SF
4,176
Price/Gross SF
$766.28
Lease Type
Absolute Net
Rent Per Square Feet
$42.14

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease QuikTrip in Duluth, Georgia. The property consists of a 4,176-square foot, freestanding building that sits on approximately 1.34 acres of land. There are approximately 5.3 years remaining on the current lease term. The subject property is a “Gen 2.5” prototype, which includes the QT Kitchen renovation. The tenant recently exercised their third option, demonstrating their commitment to this site. The property is located at the signalized hard corner of Peachtree Industrial Blvd and Duluth Hwy, where combined traffic counts exceed 48,911 vehicles per day. The area is extremely dense with more than 203,616 residents within a five-mile radius. Surrounding retailers in the immediate area include Kroger, Dollar Tree, Service King, Dunkin’, McDonald’s, Wells Fargo, GNC, Subway, Starbucks, CVS and many more.

Investment Highlights

  • Absolute Net Lease with Approximately 5.3 Years Remaining
  • Commitment to Site - Recently Renewed Third Option
  • Signalized Hard Corner Location on High-Trafficked Intersection (Combined 48,911 VPD)
  • Numerous Country Clubs in the Area - St Ives Country Club (1 Mile) and Atlanta Athletic Club (4 Miles)
  • More than 203,616 Residents Within a Five-Mile Radius
  • Generation 2.5 Prototype (Includes QT Kitchen Renovation) on a Large 1.34 Acre Parcel
  • Affluent Atlanta Submarket - Average Household Income of $144,039 (3-Mile Radius)

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Auto Service - Gas-Conv

QuikTrip

Listing Price: $3,200,000

Cap Rate
5.50%
Tenant Name
QuikTrip
Years Remaining On Lease
5.2
Gross SF
4,176
Guarantor
Corporate Guarantee
Rentable SF
4,176
Price/Gross SF
$766.28
Lease Type
Absolute Net
Rent Per Square Feet
$42.14

Investment Highlights

  • Absolute Net Lease with Approximately 5.3 Years Remaining
  • Commitment to Site - Recently Renewed Third Option
  • Signalized Hard Corner Location on High-Trafficked Intersection (Combined 48,911 VPD)
  • Numerous Country Clubs in the Area - St Ives Country Club (1 Mile) and Atlanta Athletic Club (4 Miles)
  • More than 203,616 Residents Within a Five-Mile Radius
  • Generation 2.5 Prototype (Includes QT Kitchen Renovation) on a Large 1.34 Acre Parcel
  • Affluent Atlanta Submarket - Average Household Income of $144,039 (3-Mile Radius)

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease QuikTrip in Duluth, Georgia. The property consists of a 4,176-square foot, freestanding building that sits on approximately 1.34 acres of land. There are approximately 5.3 years remaining on the current lease term. The subject property is a “Gen 2.5” prototype, which includes the QT Kitchen renovation. The tenant recently exercised their third option, demonstrating their commitment to this site. The property is located at the signalized hard corner of Peachtree Industrial Blvd and Duluth Hwy, where combined traffic counts exceed 48,911 vehicles per day. The area is extremely dense with more than 203,616 residents within a five-mile radius. Surrounding retailers in the immediate area include Kroger, Dollar Tree, Service King, Dunkin’, McDonald’s, Wells Fargo, GNC, Subway, Starbucks, CVS and many more.

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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