Property summary
This exceptional investment opportunity presents a fee-simple, single-tenant, Class A retail property featuring a Family Dollar store. Located at 100 NW Broad St, Fairburn, GA 30213, this 9,825 square foot building sits on a 0.59-acre lot with 31 parking spaces. The property boasts a strong 8.15% cap rate, generating a net operating income (NOI) of $146,300. The Absolute NNN lease with Family Dollar, a top-performing store (top 90% nationally and in Georgia), commenced September 30, 2015, and has a remaining term of approximately 5.9 years, expiring September 29, 2030. The lease includes 10% rent bumps in 2025 and in subsequent option periods (six 5-year options). This strategically located property within the Atlanta MSA benefits from a high-traffic intersection (NW Broad St and Strickland St), a dense population (over 86,000 within a 5-mile radius), and high average household income (over $88,000). The area is experiencing rapid population growth, projected to exceed 8.50% within a 1-mile radius between 2023 and 2028. The asking price is $1,796,000. This is a passive income investment with zero landlord responsibilities, offering a strong hedge against inflation. The property was built in 2015 and is currently 100% occupied.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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