6670 Tara Blvd, Jonesboro, GA 30236-1200
- Drive through restaurants
- 3,909 SF
- 1.02 lot acres
Current Use by Public Records
- McDonald's / Restaurant / Take-out & Catering
Property Details for 6670 Tara Blvd
- Year built
- 2010
- Lot size
- 1.02 lot acres
- Zone code
- MX
- Property type
- Drive through restaurants
- APN
- 13-147B- H-002
- APU
- 13147BH002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 5, 2010 | $1,150,000 | Bradley S Brokop | Alpine Tara LLC | Grant Deed | — |
| Apr 16, 2010 | $500,000 | Alpine Tara LLC | Kampala Enterprises INC | Grant Deed | — |
| — | — | Kampala,enterprises INC | — | Deed Of Trust · related | $143k · Heritage Bank |
| — | — | Kampala,enterprises INC | — | Deed Of Trust · related | $975k · Quantum National Bank |
Description
This exceptional investment opportunity presents a 3,909 square foot, single-tenant McDonald's restaurant located at 6670 Tara Blvd, Jonesboro, GA 30236. The property boasts a Class A, absolute NNN lease with a corporate McDonald's, ensuring stable and predictable cash flow. The lease commenced February 15, 2010, and expires July 28, 2030, with six five-year renewal options, providing significant long-term security. The current lease term remaining is 5.7 years. The property features 250 feet of frontage on Tara Blvd. and Mt. Zion Road, a high-traffic area with over 79,000 vehicles daily, ensuring exceptional visibility and accessibility. The asking price is $2,750,000, representing a 2.75% cap rate and a price per square foot of $703.50. The property sits on a 44,431 square foot lot and generates a Net Operating Income (NOI) of $75,624. Rent increases are built into the lease with 10% bumps every five years. The property's strategic location offers easy access to Downtown Atlanta (15.8 miles), Hartsfield-Jackson Atlanta International Airport (10.9 miles), and I-285 (4.5 miles). The surrounding area boasts a strong demographic profile, with an average household income within 5 minutes of $57,468 and a population of 80,000 within a 3-mile radius. This is a rare opportunity to acquire a stabilized, high-performing asset in a prime location with significant long-term growth potential. The property is zoned MX (Mixed Use). The APN is 13-147B-H-002.
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Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Clayton
- State
- Georgia
- Longitude
- -84.3712
- Latitude
- 33.5723
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
