Ground-Lease
For Sale
$1,456,300
126 S Clayton St, Lawrenceville, GA 30045
The property is occupied under a ground lease with one five-year renewal option.
Property Size2,676 SF
Price / SF$544.21
Days on Market105
Property Features for 126 S Clayton St
General Information
Standard status
Active
Size
2,676 SF
Property subtype
Restaurant
Occupancy
100%
Additional Details
Cap Rate
5.15%
Amenities
Corporate Guaranteed Ground Lease by RTM, a Wholly Owned Subsidiary with Over 3000 Locations
Strong Demographics- 22,346 on Clayton Street; 76,000 Population in Three Mile Radius with Household Income of $83,828
Located in the Northern Atlanta Suburbs, Atlanta ranks as the 8th Largest MSA in the United States
Arby's Recently Invested Over $400,000 in the Building to Upgrade to Inspire Image
Starbucks Opened a New Location next door in 2025, Demonstrating the Strength of this Location
Building Details
Building Size
2,676 SF
Listing Agency:
Marcus & Millichap
(314) 889-2555
Listed By:
David Saverin · License #License(s): MO: 2008013520, IL: 475185449, KS: 00249685
(314) 889-2555
Source:
Marcusmillichap
Added: May 18
Changed: Aug 30
Last Checked: Aug 30 at 1:23PM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
This 2,676-square-foot restaurant property at 126 S Clayton St is occupied by Arby's under a ground lease. The location has operated as an Arby's since 1992 and recently underwent remodeling to the brand's current Inspire image.
Approximately 2+ years remain on the ground lease, followed by one five-year renewal option. The lease includes a corporate guarantee from RTM, Inc., a wholly owned subsidiary of Inspire Brands, and provides for no landlord responsibilities during the remaining term. The property is located in Lawrenceville, Georgia.
Approximately 2+ years remain on the ground lease, followed by one five-year renewal option. The lease includes a corporate guarantee from RTM, Inc., a wholly owned subsidiary of Inspire Brands, and provides for no landlord responsibilities during the remaining term. The property is located in Lawrenceville, Georgia.
Key Highlights
- 2,676‑square‑foot restaurant property at 126 S Clayton St
- Occupied by Arby's since 1992
- Approximately 2+ years remain on the ground lease
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,004
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$860,080
$860.1K
Cap Rate 7%
$614,343
$614.3K
Cap Rate 9%
$477,822
$477.8K
Market Conditions
NOI Build-Up for 2,676 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$61.7K $23.04/SF
− Vacancy
−$4.3K −$1.61/SF
EGI
$57.3K $21.43/SF
− OpEx
−$14.3K −$5.36/SF
NOI
$43.0K $16.07/SF
Area
Gwinnett County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$860,080
Cap Rate 7%
$614,343
Cap Rate 9%
$477,822
Alternative Uses
Best Use
Specialty Retail
$614.3K
$537.6K – $716.7K
NOI $43,004 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$748.0K
$654.5K – $872.7K
NOI $52,363 @ 7.0% cap · market cap 3.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,091
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30045, GA
42,230
Population
14,266
Households
3
Avg Household Size
35
Median Age
33%
College-Educated
90%
High-School Grad
21.3 sq mi
ZIP Area
1,983
Density / Sq Mi
$98,702
Median Household Income
$45,839
Median Earnings
$2,277
Median Rent
$332,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- El Arcoiris Mexican restaurant — 102 Stanley Ct suite A & B, Lawrenceville, GA 30046
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property is occupied under a ground lease with one five-year renewal option.
Where is this conventional restaurant located?
The property is located at 126 S Clayton St Lawrenceville, GA.
What is the asking price?
The asking price for this property is $1,456,300.
What are key features of this property?
This property features: 2,676‑square‑foot restaurant property at 126 S Clayton St; Occupied by Arby's since 1992; Approximately 2+ years remain on the ground lease
