31208 Archives | Sands Investment Group

Sands Investment Group is Pleased to Exclusively Offer For Sale the Absolute NNN Convenience Store Investment Located at 885 Martin Luther King Boulevard in Macon, Georgia.

Brand New 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
Renovated During 2019 and Have New Dealers in Place When the Grand Re-Opening Occurs in June
2% Annual Rent Increases – Next Increase Set to Occur on 10/1/2020
Four (4) x Five (5) Year Options to Renew
Blended CAP Rate of 8.89% 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 – 3.5 x Rent Coverage
Developing and High Growth Area – Population Expected to Increase by 3.6% Within a 1-Mile Radius Over the Next 5 Years
Signalized Hard Corner Location With Excellent Visibility Along With Egress / Ingress and Multiple Access Points
Population of Over 46,000 Residents Within a 3-Mile Radius of the Property
Less Than 2-Miles From Mercer University – Student Population of Over 8,000 People
Close Proximity to Navicent Medical Center and Coliseum Medical Hospital – With Over 300 Beds