50 Willow Ln Mcdonough, GA 30253-6569

Property Details for 50 Willow Ln

Year built

2001

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.93 lot acres

Property size

4,551 SF

Zone code

C2

Property type

Grocery and convenience stores

APN

075-01028015

APU

7501028015

Description

This exceptional investment opportunity presents a brand-new, 2,864 square foot Chick-fil-A restaurant featuring a triple drive-thru. Located in McDonough, Georgia, on a 1.93-acre lot at a signalized intersection of Hwy 20 and Willow Ln (approx. 138,800 vehicles per day), this property benefits from high visibility and significant traffic volume. The property is situated near the Interstate 75 on/off ramp (approx. 123,000 vehicles per day) and adjacent to McDonough Marketplace, anchored by Walmart Supercenter and Lowe's, attracting over 4.9 million annual visitors. The 100% occupied property boasts a 15-year absolute NNN ground lease commencing November 1, 2024, and expiring October 31, 2039, with eight 5-year renewal options and 10% rent bumps every 5 years. The lease includes 47 parking spaces. The building was constructed in 2024 and sits within a commercially zoned area. The property's Net Operating Income (NOI) is $175,000, yielding a 4.00% cap rate. The asking price is $4,375,000. This location is less than 30 miles from Chick-fil-A's corporate headquarters in Atlanta, a rapidly growing MSA, and serves a population of over 256,000 residents within a 10-mile radius, with an average household income of approximately $100,000. The property's strong location, long-term lease, and established tenant provide a secure and profitable investment opportunity. The land is included in the sale.