Property profile

3670 Camp Creek Pkwy Atlanta, GA 30331

FOR LEASE
Drive through restaurants
Property ID
US22-1759800
5,616 SF 1.5 ac lot Built 2007
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of four TGI Fridays restaurants, strategically located across Georgia and Maryland. The portfolio boasts a strong 6.90% cap rate and a substantial net operating income (NOI) of $1,118,430. The absolute NNN leases, with zero landlord responsibilities, provide a passive income stream with minimal management overhead. Each location benefits from high visibility, excellent signage, and significant traffic counts, ensuring consistent performance. The leases feature built-in rent bumps and four 5-year renewal options, providing long-term stability and growth potential. With a remaining lease term of 12 years, extending to November 30, 2036, this portfolio offers a secure and lucrative investment. Three of the four locations are situated within the Atlanta metropolitan area, a dynamic market with a population exceeding 6 million. The fourth location is in Greenbelt, Maryland. The portfolio is currently 100% occupied and operated by Jackmont Hospitality Inc., a reputable regional operator with a 40-year track record. This is a rare opportunity to acquire a well-established, high-performing restaurant portfolio with significant upside potential. The asking price is $16,209,130.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2007
Total area 5,616 SF
Lot 1.5 ac (65,340 SF)
Zoning code C2C
APN 14F0001 LL0161
UPID US22-1759800

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall
  • Restaurant
  • Security Service

Location

3670 Camp Creek Pkwy Atlanta, GA 30331
Atlanta metro Census 7709 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.66M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.01M
Blend (final) Blend
$2.87M

Owner & transaction history

since 2021
Last sale
$2.8M
4 recorded transactions
2021
Price N/A
2021
$2.8M
2007
$1.9M
1969
Price N/A

Zoning & alternative use

C2C · Atlanta, GA
Top alternative use upside
Apartment house (5+ units) $4.5M +46.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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