6670 Tara Blvd Jonesboro, GA 30236-1200

Property Details for 6670 Tara Blvd

Year built

2010

Lot size

1.02 lot acres

Property size

3,909 SF

Zone code

MX

Property type

Drive through restaurants

APN

13-147B- H-002

APU

13147BH002

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.

Location Insight

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

Property Tax & Assessments