854 Buford Drive Archives | Sands Investment Group

Sands Investment Group is Pleased to Exclusively Offer For Sale the Absolute NNN Gas Station Investment Property Located at 854 Buford Drive in Lawrenceville, Georgia.

Open/Essential Business and Operation is as Usual
19+ Years of Term Remaining on an Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities
Four (4) x Five (5) Year Options to Renew With 2% Annual Rent Increases
Blended CAP Rate of 8.89% Over Lease Term
Lawrenceville Was Renovated & Reimaged in 2019 and Pumped Over 43,000 Gallons in February 2020; Estimates Going Forward For That Site are 60,000 Gallons Per Month
Strong Store Performance – 2.0 x Rent Coverage
Buford Drive Sees Over 41,200 VPD
Population of Over 66,500 People Within a 3-Mile Radius of the Property
Population Growth of 7.1% Anticipated Within a 3-Mile Radius Over the Next 5 Years
Excellent Visibility From Buford Drive and Cripple Creek Drive
Two Points of Access From Buford Drive and Dedicated Turn Lane
Guarantor, Valued at Approximately $400 Million, Supplied Over 200 Million Gallons of Fuel to Over 300 Locations During the 12-Month Period (Ended 12/31/2019); Guarantor Generated Over $434 Million in Revenue in 2019 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
Select Neighboring Tenants Include: McDonald’s, KFC, U-Haul, Checkers, Dunkin’, Waffle House, Mavis Discount Tires and More