6021 Hickory Flat Hwy Canton, GA 30115
This exceptional investment opportunity presents a brand-new, 1,900 square foot Popeyes restaurant situated on a 1.68-acre lot in Hickory Flat, Georgia. Built in 2024, this property boasts a 15-year absolute NNN lease with 10% rent bumps every five years, providing a strong hedge against inflation. The property's strategic location on Hickory Flat Highway, near a major intersection and surrounded by national retailers like Publix, Home Depot, and Walmart, ensures high visibility and consistent traffic. The site benefits from its proximity to The Outlet Shoppes at Atlanta, attracting significant foot traffic. The thriving community of Canton, part of the Atlanta MSA, boasts an average household income of $173,953 and a projected population growth to 72,947 by 2029. The Popeyes location features a dual-lane drive-thru, capturing 80% of its business, and benefits from the brand's expansion plans and strong performance. With a current NOI of $142,505 and an asking price of $2,591,000, this property offers a compelling 5.50% cap rate. The property is ideally suited for a 1031 exchange. Easy access to Interstate 575 further enhances its appeal. This is a turnkey investment with significant long-term growth potential.
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.