2901 Clairmont NE Rd Brookhaven, GA 30329-1639

Property Details for 2901 Clairmont NE Rd

Year built

1999

Lot size

23.65 lot acres

Property size

128,776 SF

Zone code

X

Property type

Outlet malls

APN

18 196 02 016

APU

1819602016

Description

This exceptional investment opportunity presents a 129,562 square foot Sam's Club located at 2901 Clairmont Rd, Atlanta, GA 30329. The property sits on a 23.76-acre lot and benefits from an absolute NNN lease with Walmart Stores, Inc. (NYSE: WMT), providing a corporate guarantee and an investment-grade credit rating (S&P: AA). The lease, with a remaining term of 1.5 years, commenced October 28, 1999, and expires May 31, 2026, including six 5-year option periods extending to 2055. The property boasts a 9.46% cap rate and a Net Operating Income (NOI) of $1,219,705, with an asking price of $12,900,000. Landlord responsibilities are minimal, limited to ground lease rent of $19,633 annually, also with options extending to 2055. The Sam's Club features a fuel station, a newly renovated sushi bar (2024), and an auto center. This strategically positioned property enjoys high visibility at the intersection of I-85 and Clairmont Rd (over 81,000 vehicles per day) within an upscale trade area. The 5-mile radius boasts over 334,615 residents with an average household income exceeding $161,000. This 100% depreciable asset presents a compelling opportunity for passive investors seeking a strong, stable, and high-return investment.

Location Insight

City

Brookhaven

County

Dekalb

State

Georgia

Longitude

-84.3118

Latitude

33.8427

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments