3420 Ga-155 McDonough, GA 30252
This exceptional investment opportunity presents a 4,260 square foot, single-tenant net lease property located at 3420 GA-155 N in McDonough, Georgia, 30252. The property, built in 2023, sits on 1.2 acres and is currently 100% occupied by Heartland Dental, the largest dental support organization in the U.S., with over 1,700 locations. The tenant enjoys a prime outparcel location within a thriving Publix-anchored shopping center (66,387 sq ft), which opened in 2022 and ranks in the top 83% nationally. Additional outparcels include Wendy's, Tidal Wave Auto Spa, UPS, and multiple restaurants. The center benefits from high traffic volume at the signalized intersection of Highway 155 and Kelley Town Road (25,000 vehicles daily). A new 72-unit senior housing project is under development nearby. McDonough is a rapidly growing, affluent Atlanta suburb, boasting a 5-mile population of 81,430 (21%+ growth) and an average household income exceeding $100,437. The property features a 10-year NNN corporate guaranteed lease commencing December 1, 2023, and expiring December 1, 2033, with 9.5 years remaining. The lease includes 10% rent increases every five years. Landlord responsibilities are limited to roof replacement and structure; the tenant is responsible for all other expenses, including taxes, insurance, and utilities. The asking price is $3,590,000, representing a 5.85% cap rate and a price per square foot of $842.72. This presents a compelling investment opportunity in a high-growth market with a strong, creditworthy tenant and significant upside potential. The property's NOI is $210,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.