Mobil | Morrow, GA
Sands Investment Group is Pleased to Exclusively Offer the Mobil Gas Station Absolute NNN Lease Investment Opportunity Located at 6720 Mt Zion Boulevard in Morrow, Georgia (Atlanta MSA).
- New 20 Year Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities
- 2% Annual Rent Increases
- Four (4) x Five (5) Year Options to Renew
- Blended CAP Rate of 8.81% Over Lease Term
- Guarantor Supplied Over 165 Million Gallons of Fuel to Over 300 Locations During the 12-Month Period (Ended 12/31/2018); Guarantor Generated Over $400 Million in Revenue in 2018 and Operates in 7 States: GA, TX, SC, LA, AR, AL and MS; Additional Information on Guarantor is Available Upon Execution of a Confidentiality Agreement
- Strong Store Performance – 2.1 x Rent Coverage
- Hard Corner Signalized Intersection With Excellent Visibility and Access From Maddox Road and Mt Zion Boulevard
- Less Than 2-Miles From I-75 (Traffic Counts of Over 208,100) Which Provides Immediate Access to Downtown Atlanta
- Over 71,200 People Reside Within a 3-Mile Radius
- Population Growth Anticipated By 9.4% Within 3-Miles Over Next 5 Years
- Over 32,000 Vehicles Pass Through the Intersection of Maddox and Mt Zion Daily Drawing Additional Traffic to the Location
- Nearby Tenants Include: CVS, AutoZone, Home Depot, PetSmart, Moe’s Outlet, QuikTrip and Caliber Collision
In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374
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