5970 Old Dixie Hwy Forest Park, GA 30297-3204

This exceptional net lease investment opportunity presents a 2,971 square foot freestanding retail building occupied by TitleMax, a prominent national tenant. Located in Forest Park, Georgia, within the Atlanta MSA, this property boasts a strong 6.6% cap rate and a substantial remaining lease term of 13 years, extending to November 30, 2037. The lease commenced December 1, 2007, and includes attractive 2% annual rent increases, ensuring consistent income growth. The property sits on a 0.89-acre lot in a high-traffic area with over 20,200 vehicles passing daily. Its strategic location on a major retail artery provides excellent visibility and accessibility. The surrounding area is densely populated, with a 5-mile radius encompassing over 186,657 residents and an average household income of $57,048. Further enhancing its value, Forest Park has a moratorium on new title lending businesses, creating a high barrier to entry for competitors. The property's proximity to Interstate 75, Interstate 285, and Hartsfield-Jackson International Airport adds to its appeal. Built in 1977, this single-story building is zoned GB and offers a fee-simple ownership structure, making it an ideal 1031 exchange opportunity. The current net operating income (NOI) stands at $52,948, with an asking price of $802,242 and a price per square foot of $270.02. The property is situated near various retail establishments, residential areas, and key amenities, including Clayton State University and Southlake Mall. This investment offers a compelling combination of strong tenant occupancy (100%), a secure lease, and significant growth potential in a thriving market. The property's parcel number is 13110C B014.