Applebee's NNN Investment
550 Thornton Rd, Lithia Springs, GA 30122
Single-tenant retail property leased to Applebee's with long-term tenancy.
Type:Retail
Property size:
4,532 SFPrice / SF:
$648/SF- Added:
- Mar 10, 2026
- Days on Market:
- 63
- Last Refresh:
- Mar 19 at 10:25 pm
Property Features for 550 Thornton Rd
General Information
- Standard status
- Active
- Size
- 4,532 SF
- Property subtype
- Retail
Listing agent Andrew Ziffer License #168762
Listing office Marathon Property Group, LLC
Listing date Mar 10, 2026
Source Crexi
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 Marathon Property Group, LLC
HighLights
- Absolute NNN lease: truly passive income stream.
- Long‑term lease with Applebee's International, Inc. extends through 2043, offering stable, guaranteed income.
- Corporate guarantee from Applebee's International, Inc. ensures financial security.
- Strategic location in Lithia Springs, GA, along a high‑traffic corridor (46,500 VPD).
- Proximity to major retail centers and employment hubs driving substantial daytime population and traffic.
- Scheduled rent increases and landlord‑favorable lease terms provide potential for increased returns.
Overview
This single-tenant retail property is leased to Applebee’s International, Inc., a subsidiary of Dine Brands. The property is located in Lithia Springs, GA, along a high-traffic corridor with a traffic volume of 46,500 vehicles per day on Thornton Rd, with access to I-20. The tenant has demonstrated commitment by exercising renewal options through 2043. The lease structure is Absolute NNN, meaning no landlord responsibilities. The property is positioned near major retail centers and employment hubs, including Amazon Fulfillment Center and Home Depot RDC, benefiting from daytime population and traffic. The property size is 4,532 square feet. Rent increases are scheduled, and the lease is landlord-favorable. The property is located in the Atlanta MSA.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Applebee's Grill + Bar
Restaurant
Location Insight
- Map
- Local Demand
- City
- Lithia Springs
- County
- Douglas
- State
- Georgia
- Longitude
- -84.623207
- Latitude
- 33.790785
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Single-tenant retail property leased to Applebee's with long-term tenancy.
Where is this conventional restaurant located?
The property is located at 550 Thornton Rd Lithia Springs, GA.
What is the asking price?
The asking price for this property is $2,938,000.
What are key features of this property?
This property features: Absolute NNN lease: truly passive income stream.; Long‑term lease with Applebee's International, Inc. extends through 2043, offering stable, guaranteed income.; Corporate guarantee from Applebee's International, Inc. ensures financial security.
