Current Use by Public Records
- Retail properties & Spaces
Property Details for 5283 Jefferson Rd
- Year built
- 2025
- Lot size
- 0.73 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional investment opportunity presents a brand-new, 1,800 square foot Dunkin' located at 5283 Jefferson Rd, Athens, GA 30607. The property sits on a 0.73-acre lot and boasts 21 parking spaces. This is a 10-year absolute NNN ground lease with a commencement date of January 1, 2025, and an expiration date of December 31, 2034. The lease includes four, 5-year renewal options and features a 10% rent increase every five years, ensuring consistent income growth. The current Net Operating Income (NOI) is $82,564, yielding a 5.75% cap rate. The property benefits from a prime location at the entrance to a Publix-anchored center and a 296-unit apartment complex, providing excellent visibility and access to a high volume of traffic (27,000 vehicles per day). The strong demographics of the area include 121,871 residents within the trade area and an average household income of $90,840 within a 3-mile radius. The property's proximity to the University of Georgia (40,607 students, 11,887 employees, and over $7.6 billion economic impact) and Piedmont Athens Regional Hospital (427 beds, 3,300 employees) further enhances its value. This is a stabilized investment with 100% occupancy and a strong, established tenant in a high-growth area, just five miles from downtown Athens, Georgia's sixth-largest city. The Dunkin' franchisee is the tenant, and the building was constructed in 2025, incorporating the latest Dunkin' prototype with a drive-thru. The ground lease expires December 31, 2034. Asking price: $1,436,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Clarke
- State
- Georgia
- Longitude
- -83.4362
- Latitude
- 33.9931
