Retail Business for Sale in Mcdonough, GA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Mcdonough, GA 30253
Description
--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 -Multiple Residential Developments Next Door Including The Levi Luxury Apartments which Consist of 660 Apartments/Townhomes and 66 Single Family Houses -Across from the #1 Visited Sprouts in the State of Georgia According to Placer.ai (Please Contact Agent for More Details) -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, Costco, Chipotle, Hacienda Bar & Grill, Lush Nail Bar, and Many More --High Credit Tenant-- -Strong Corporate Guarantee: Absolute NNN Ground Lease Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market -Valvoline has Over 2,010 Locations in Operation | Corporate Guaranty from Investment Grade Tenant with Over $3.1 Billion in Revenue -Publicly Traded: The Tenant Is Listed (NYSE: VVV) with a Market Capitalization of $4.48 Billion -Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term and Options Provide for an Excellent Hedge Against Inflation -E-Commerce & Recession-Resilient: Valvoline Is Well-Suited to Thrive in Various Economic Conditions --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 Investment Highlights: • Brand New 15-Year Corporate Guaranteed Valvoline • Outparcel to New Costco-Anchored Shopping Center • Located on the Corner of a Signalized Intersection Across from a Brand New Sprou
Market Context
This retail in Mcdonough, GA is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Mcdonough, GA — <a href="/search/sale/retail/georgia/mcdonough">view the full market</a>.
Contact
- Craig Elster · (949) 419-3223 · craig.elster@marcusmillichap.com
- Ron Duong · (949) 350-5431 · ron.duong@marcusmillichap.com
- John M. Leonard · (678) 808-2700
- Ronald J. Balys · (716) 445-7581 · ron.balys@marcusmillichap.com
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