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Floor & Decor NNN Property
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1478 Old Salem Rd SE, Conyers, GA 30013

Floor & Decor occupies the asset under an absolute NNN ground lease with defined escalations and renewal options.

Property SizeContact for details
Days on Market142

Property Features for 1478 Old Salem Rd SE

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: JLL - Irvine (Orange County), California
Listed By: Jeffrey Cicurel · License #SL3541410
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 3:23PM

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 JLL - Irvine (Orange County), California

Investment Insights

Based on property information with market context.

The property is occupied by Floor & Decor under an absolute NNN ground lease. The current primary term has approximately 11.5 years remaining, with contractual 10.0% rent escalations scheduled every 5 years. The lease also includes six five-year renewal options.

Located at 1478 Old Salem Road Southeast in Conyers, Georgia, the asset provides a structured single-tenant commercial investment profile. The lease assigns zero landlord responsibilities, limiting the owner’s obligations under the stated agreement. The property’s retail occupancy and ground-lease structure are established through the existing Floor & Decor operation.

Key Highlights

  • Floor & Decor occupies the property under an absolute NNN ground lease
  • Approximately ±11.5 years of primary lease term remain
  • 10.0% rent escalations occur every 5 years

Property Analytics

Current Use

Floor & Decor Carpet & Flooring Store

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,043
Businesses Nearby

Demographics for 30013, GA

29,181
Population
11,138
Households
2.6
Avg Household Size
38
Median Age
33%
College-Educated
93%
High-School Grad
28.4 sq mi
ZIP Area
1,028
Density / Sq Mi
$71,086
Median Household Income
$41,244
Median Earnings
$1,447
Median Rent
$274,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Floor & Decor occupies the asset under an absolute NNN ground lease with defined escalations and renewal options.
Where is this nnn property located?
The property is located at 1478 Old Salem Rd SE Conyers, GA.
What are key features of this property?
This property features: Floor & Decor occupies the property under an absolute NNN ground lease; Approximately ±11.5 years of primary lease term remain; 10.0% rent escalations occur every 5 years
More about this property
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