TitleMax NNN Retail
For Sale
Contact for pricing
1109 Goldsmith Rd, Stone Mountain, GA 30083
Operating retail store with absolute NNN lease structure, scheduled rental increases, and a corner position on Memorial Drive.
Property Size4,585 SF
Days on Market144
Property Features for 1109 Goldsmith Rd
General Information
Standard status
Active
Size
4,585 SF
Property subtype
Retail
Net Operating Income
$47,298
Site & Location
Corner Location
Yes
Traffic Count
29,702 vehicles/day
Additional Details
Cap Rate
6.75%
Building Details
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 2:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
This 4,585-square-foot TitleMax retail store in Stone Mountain, Georgia, operates under an absolute NNN lease with a Ten (10) Year term and 2% annual rental rate increases, including any option period. Rent commenced on 7/1/2014, and the structure assigns no landlord responsibilities under the lease. The property is positioned at the corner of Goldsmith Road and Memorial Drive, supporting visibility from a roadway carrying 29,702 cars per day.
Stone Mountain Park is located down the road and attracts over 4 Million visitors annually. The surrounding area has a five mile population of 214,569, a three mile average household income of $61,047 per year, and a one mile population growth rate of 5.33%. The offering also reflects a 6.75% cap rate based on NOI of $47,298.82.
Stone Mountain Park is located down the road and attracts over 4 Million visitors annually. The surrounding area has a five mile population of 214,569, a three mile average household income of $61,047 per year, and a one mile population growth rate of 5.33%. The offering also reflects a 6.75% cap rate based on NOI of $47,298.82.
Key Highlights
- 4,585 SF TitleMax retail store in Stone Mountain, Georgia
- Absolute NNN lease structure with a Ten (10) Year initial term
- 2% annual rental rate increases, including any option period
Property Analytics
Property Profile
Current Use
Lease Details
29,702 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 30083, GA
58,064
Population
24,282
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
85%
High-School Grad
17.9 sq mi
ZIP Area
3,244
Density / Sq Mi
$54,162
Median Household Income
$33,586
Median Earnings
$1,356
Median Rent
$221,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Operating retail store with absolute NNN lease structure, scheduled rental increases, and a corner position on Memorial Drive.
Where is this nnn property located?
The property is located at 1109 Goldsmith Rd Stone Mountain, GA.
What are key features of this property?
This property features: 4,585 SF TitleMax retail store in Stone Mountain, Georgia; Absolute NNN lease structure with a Ten (10) Year initial term; 2% annual rental rate increases, including any option period
