5253 Jefferson Rd Athens, GA 30607
- Retail properties
- 2,000 SF
- 0.69 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5253 Jefferson Rd
- Year built
- 2025
- Lot size
- 0.69 lot acres
- Property size
- 2,000 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a brand-new, 20-year absolute triple-net (NNN) ground lease for a Taco Bell restaurant in Athens, Georgia. Located on a 0.69-acre lot at 5253 Jefferson Rd, this 2,000 square foot property boasts excellent visibility and access, with 27,000 vehicles passing daily. The lease commenced February 1, 2025, and includes 10% rent increases every five years, along with four, five-year renewal options. The tenant, a franchisee with a proven track record, operates multiple Taco Bell and Dunkin' locations. The property features 20 parking spaces and is strategically positioned near a Publix-anchored center and a 296-unit apartment complex, ensuring high traffic and strong demographics. The property benefits from a robust trade area with a high average household income and proximity to the University of Georgia and Piedmont Athens Regional Hospital. This stabilized investment offers a 5.00% cap rate and a substantial net operating income (NOI) of $90,000. The property's location and strong tenant provide a secure and profitable investment opportunity. The lease expires January 30, 2045. The building was constructed in 2025 and is currently 100% occupied.
Value Estimations
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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