30273 Archives | Sands Investment Group

Sands Investment Group is Pleased to Exclusively Offer For Sale the Exxon Absolute NNN Investment Property Located at 5969 Highway 42 in Rex, Georgia.

19+ Years of Term Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
2% Annual Rent Increases
Four (4) x Five (5) Year Options to Renew
Blended CAP Rate of 8.35% Over Lease Term
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
Strong Store Performance – 2.3 x Rent Coverage
Directly Off Interstate 675 – Sees Over 58,500 VPD
Situated on Signalized Hard Corner With Excellent Visibility
Benefits From Proximity to Family Dollar and Food Depot Anchored Creekwood Village Center – Drawing Additional Traffic to the Site
Intersection of Macon Highway (Highway 42) and Rex Road Sees Over 15,806 Vehicles Pass Through Daily and Highway 42 Sees Over 14,100 Vehicles Per Day
Four Schools Located Within a 2-Mile Radius of Property and the Clayton State University is 4-Miles Away With an Enrollment Exceeding 7,000 Students
Population of Over 63,400 People Within a 3-Mile Radius and Anticipated Population Growth of 9.1% Over Next 5 Years
Close Proximity to Major Industrial Centers – FedEx, SECO, Inc and R+L Carries
Nearby Tenants Include: Family Dollar, Subway, Waffle House, Dunkin’, Wendy’s, McDonald’s, Goodwill, Walmart, Kroger, Lowe’s, ALDI, Marcos Pizza and More