Strong Real Estate Fundamentals
- Affluent, dense & high growth metro of Atlanta
- Avg. Household Incomes: $65k (1-Mi); $89k (3-Mi); $100k (5-Mi)
- Population: 6.5k (1-Mi); 31.5k (3-Mi); 73.5k (5-Mi)
- Pop. Growth since 2010: 26% (1-Mi), 16.5% (3-Mi); 19% (5-Mi)
- Large parcel size of ±3.60 acres
- Fundamental real estate located at the hard corner of a signalized 4-way intersection
- Busy intersection with traffic counts of ±22,800 VPD along Sigman Rd
- Latest Circle K prototype with national inline tenants that include Pizza Hut, Subway and Krispy Krunch Chicken
- Gas Express will sign a master lease to ensure this is passive NNN investment
100% Bonus Depreciation & Accelerated Depreciation
- One Big Beautiful Bill (OBBBA) permanently restored 100% bonus depreciation for “retail motor fuel outlet”
- Immediate tax write-off to improve cash flow and reduce taxable income
- Subject property qualifies for 100% Bonus Depreciation & Accelerated Depreciation
- Please consult your CPA for more details
Optimal Lease Structure
- Rare 20-year base term
- Four (4), 5-year renewal options
- Inflation hedge with 1.5% rent escalations every year through the entire lease
- Absolute triple net (NNN) with NO landlord responsibilities
- Tax advantages with accelerated & 100% bonus depreciation due to fee simple ownership
Atlanta MSA Advantage
- Atlanta MSA has the 5th largest population in the US with over 5.9 million residents
- 30 companies with headquarters in Atlanta MSA are among the 2020 Fortune 1000
- 16 ranked in the elite Fortune 500
- Georgia has been named the #1 state for business climate and for doing business for the last 6 years (Site Selection & Area Development)
- For the last 5 years, Atlanta has been among the top 5 metro areas in the nation for most net migration
- Major industries include financial services, technology and telecommunications
- Forbes Rankings:
- #13 Best Places for Business and Careers, #34 in Job Growth & #41 in Education
Large Franchisee & Dominant Brand
- Largest Alimentation Couche-Tard franchisee in US
- Expanding 200+ unit operator across 6 states (AL, AR, GA, LA, SC, TN)
- Currently operate 70+ locations in GA
- 30+ year operating history
- Headquarters in Atlanta, GA
- Alimentation Couche-Tard is an international brand with 15,000+ locations in 20 countries (corporate)