Strong Real Estate Fundamentals
- Affluent, dense & high growth northern metro of Atlanta
- Avg. Household Incomes: $80k (1-Mi); $105.9k (3-Mi); $108.8k (5-Mi)
- Population: 4k (1-Mi); 27k (3-Mi); 67k (5-Mi)
- Pop. growth since 2000: 5.6% (1-Mi), 9.7% (3-Mi); 12% (5-Mi)
- Large parcel size of ±2.21 acres
- Multiple points of ingress/egress
- Located on the hard corner of a 4-way signalized intersection
- Mini truck stop location with separate diesel canopy
- National inline tenants include Pizza Hut & Krispy Krunchy Chicken
- Gas Express will sign a master lease to ensure this is passive NNN investment
Atlanta MSA Advantage
- Atlanta metro has the 5th largest population in the US with 5.9+ million residents
- 30 companies with HQ in metro Atlanta 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, and #41 in Education
Optimal Lease Structure
- Rare 20-year base term
- Four, 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
Large & Dominant Brand
- Expanding 200+ unit operator across 6 states (AL, AR, GA, LA, SC, TN)
- Currently operate 70+ locations in GA
- 30+ year operating history
- HQ in Atlanta, GA
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.