Free Standing Family Dollar - Corporate Guarantee - Atlanta MSA

Highlights

• Family Dollar Corporate Guaranty Net Lease
• Ranked #11/365 GA Locations
• 2017 New Roof (20yr Guarantee)
• 2 - 10 Ton AC Units (2017)
• 1 - 5 Ton AC Unit in (2017)
• Sprinkled
• Average Daily Traffic Count 10,800

Description

Introducing a prime investment opportunity at 2350 Lake Harbin Rd in Morrow, GA. This well-maintained property currently 100% leased, built in 1997 and renovated in 2017, boasts a prime location in the Morrow area with GB zoning (Clayton Co). Offering a secure investment with a 100% occupancy rate, this property features a Family Dollar Corporate Guaranty Net Lease through 04/2032. There are 3 - 5yr lease renewal option renaming. The 1st lease renewal option (5/1/2032) increases the current annual rent by 15%.

This Family Dollar location is ranked #11 out of 365 stores in the state of GA for store performance. This location is rank in the 90th percentile nationally. For the last 5 years this location has averaged 12,900 monthly visits. Median household income for Morrow, GA is $65,000. Population density in a 5 miles radius is 173,000.

Located at the signalized intersection of Lake Harbin and Maddox Road. Morrow, Georgia, is a suburban city located in Clayton County, just south of Atlanta. It's about 10 miles from downtown Atlanta. In terms of transportation, Morrow is well-connected by major highways like I-75, making it convenient for residents to commute to Atlanta or other neighboring areas. Public transit is also accessible via the Metropolitan Atlanta Rapid Transit Authority (MARTA)

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