McDonald’s + Nail Salon | McDonough, GA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,901 SF McDonald’s + Nail Salon Multi-Tenant Located at 5986- 5990 East Lake Parkway McDonough, Georgia. This Deal Includes a Value-Add Opportunity With McDonald’s Recently Exercising and Currently Paying Below Market Rent. Market Rent Per SF in That Area is Currently $16 and Has a 1.2% Vacancy Rate, Providing For a Unique Investment.
- Long-Term McDonald’s Just Spent Over $500,000 in Upgrades and Has Signed Their Renewal For 5 Years
- The Nail Salon Has Spent Over $475,000 in Q2 and Q3 of 2022 on Renovations and Buildout
- Two Tenants Help Provide Rental Security, With a Nail Salon on Long-Term Lease
- Located on a Hard Corner With Great Access and Visibility
- Conveniently Located as Outparcel to the Kroger Anchored Shopping Center
- On the Main Retail Corridor, Surrounded By Scores of Local, Regional and National Tenants
- Excellent Demographics With Over 68,963 Residents Within a 5-Mile Radius Making an Average Household Income of $102,139
- Strategically Located on a Hard Corner of East Lake Parkway & Highway 155 (Combined Traffic Counts of Over 21,935 Vehicles Per Day)
- Just Minutes From Union Grove High, Middle and Elementary School; Surrounded by Several Neighborhoods, Community Centers and Parks
- Outparcel to Kroger Anchored Shopping Center That is Strategically Located Off of East Lake Parkway & Highway 155 (Combined Traffic Counts of Over 21,935 Vehicles Per Day)
In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619
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