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Absolute NNN Circle K Property
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6629 Jonesboro Rd, Morrow, GA 30260

Franchise-operated convenience store with a long-term lease and no landlord responsibilities.

Property Size4,275 SF
Price / SF$1,526
Days on Market157

Property Features for 6629 Jonesboro Rd

General Information

Standard status Active
Size 4,275 SF
Total Parking Spaces 8
Property subtype Retail
Zoning General Business District (BG)
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $365,400

Site & Location

Traffic Count 38,500 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2018
Buildings 1
Stories 1
Tenancy Single
Listing Agency: SRS Real Estate Partners New York
Listed By: Richard Dorfman · License #NY 10401279699
Source: Crexi
Added: Mar 27 Changed: Aug 30 Last Checked: Aug 30 at 2:52AM

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 SRS Real Estate Partners New York

Investment Insights

Based on property information with market context.

This 4,275-square-foot Circle K convenience store was built in 2018 and is leased under an Absolute NNN structure. The arrangement assigns landlord responsibilities to the tenant and includes more than 18 years remaining in the primary term, followed by four 5-year renewal options. Contractual rent increases are set at 1.5% annually through the primary and option periods, and the lease carries a guaranty from Gas Express LLC.

The property occupies the signalized intersection of Jonesboro Rd and Southlake Pkwy in Morrow, with Jonesboro Rd reporting 38,500 VPD and nearby I-75 reporting 174,000 VPD. The surrounding retail concentration includes Costco Wholesale, Publix, Walmart Supercenter, Southlake Festival, and Southlake Mall. Southlake Mall is within walking distance and records approximately 2.7 million annual visits.

The site is zoned General Business District (BG) and serves a 5-mile trade area with more than 194,800 residents and 64,000 employees.

Key Highlights

  • Absolute NNN lease with zero landlord responsibilities
  • More than 18 years remaining in the primary lease term plus four 5‑year renewal options
  • 1.5% annual rental increases during the primary term and option periods

Property Analytics

Current Use

Sharks Chicken & Fish Restaurant Exxon Gas Station ATM (C M ... Atm Cabrera Family Roofing ... Roofing Company Gawr Gura's Restaurant

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Pharmacy Real Estate Agency Plumbing Service Electrical Service

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

38,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,086
Businesses Nearby

Demographics for 30260, GA

27,864
Population
9,858
Households
2.8
Avg Household Size
34
Median Age
17%
College-Educated
78%
High-School Grad
10.9 sq mi
ZIP Area
2,556
Density / Sq Mi
$55,212
Median Household Income
$34,692
Median Earnings
$1,391
Median Rent
$189,800
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 - Franchise-operated convenience store with a long-term lease and no landlord responsibilities.
Where is this nnn property located?
The property is located at 6629 Jonesboro Rd Morrow, GA.
What is the asking price?
The asking price for this property is $6,525,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; More than 18 years remaining in the primary lease term plus four 5‑year renewal options; 1.5% annual rental increases during the primary term and option periods
More about this property
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