Property summary
This exceptional 4,500 square foot, Class A retail property in Peachtree City, GA, features a new 2024 build-to-suit construction with upgraded brick and architectural details. The property boasts a 10-year corporate-backed net lease with Sherwin-Williams, a Standard & Poor's BBB-rated tenant, offering a strong and stable investment. The lease commenced February 24, 2024, and expires February 28, 2034, with 8% rent bumps in the options. The property enjoys a prime location adjacent to a Kroger shopping center, surrounded by high-income residential areas (average household income exceeding $146,000 within 3 miles), and benefits from excellent visibility and accessibility. The site is situated on a corner lot with multiple access points along a popular thoroughfare. With a 5.25% cap rate and a Net Operating Income (NOI) of $139,000, this investment presents a compelling opportunity. The property includes a concrete parking lot and is strategically located near major corporations, high-income consumers, and Hartsfield-Jackson International Airport. Fayette County's strong demographics, including over 60,000 residents within a 5-mile radius and proximity to Atlanta (31 miles), further enhance the investment's appeal. The property is fee simple ownership with a 10-year lease term and includes 6/5-year lease options. The asking price is $2,647,618, representing a price per square foot of $588.36. This is a rare opportunity to acquire a high-quality, net-leased retail property in a desirable location with exceptional growth potential.
Property profile
VerifiedCap rate & NOI
Current use
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Building Supply Construction Company
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Hardware & Home Improvement Building Supply
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C GC · Peachtree City, GAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C GC in Peachtree City, GA.
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