8350 Senoia Rd Fairburn, GA 30213-4222

Property Details for 8350 Senoia Rd

Year built

2021

Construction

WOOD

Lot size

0.85 lot acres

Property size

6,060 SF

Zone code

C2

Property type

Auto shops

APN

09F020200132937

APU

09F020200132937

Description

This exceptional investment opportunity presents a newly constructed, free-standing Popeyes restaurant in Fairburn, Georgia. The property boasts a 15-year absolute NNN lease, commencing upon closing in Q3 2023, with a strong franchisee operator managing multiple successful QSR locations in the Atlanta area, including Popeyes, Tim Hortons, Moe's, and Checkers. The lease includes attractive 7.5% rent increases every five years and two five-year renewal options, ensuring long-term, stable income. The 2,200 square foot building sits on approximately 0.8 to 1 acre of land and is situated on a main retail thoroughfare in Fairburn, offering excellent visibility and accessibility. The property's location benefits from a high-density population (74,232 people within a 5-mile radius) and a strong average household income ($96,328 within a 1-mile radius). The asking price is $3,000,000, representing a compelling 6% capitalization rate and a price per square foot of $1,363.64. This is a rare chance to acquire a high-performing asset in a rapidly growing market with a proven tenant and a secure, long-term lease. The property is classified as Class A and offers a 100% occupancy rate with a current net operating income (NOI) of $180,000. The single-story building was constructed in 2023.

Location Insight

City

Fairburn

County

Fulton

State

Georgia

Longitude

-84.5753

Latitude

33.5299

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments