McDonald's/Chevron NNN Property For Sale — Powder Springs, GA
5115 Dallas Highway, Powder Springs, GA 30127
A unique NNN investment opportunity in Powder Springs, Georgia (Atlanta MSA), featuring a McDonald’s and Chevron retail property. Operating since 1996, this 3.62-acre site is ideally situated on a hard corner and has been operating 24/7. Both tenants are on 20-year NNN leases, with four 5-year renewal options. The property benefits from outstanding demographics, including a local population exceeding 100,000 and average household incomes of $135,000. Traffic counts on Dallas Highway are impressive, with over 29,000 vehicles per day, supported by strong neighboring retail presence.
- Address: 5115 Dallas Highway, Powder Springs, GA 30127
- Asking price $2.20M
- 8.20% cap rate
- NOI $179,831
- 13 years remaining
- NNN lease
- Year built: 1996
- Building size: 6,463 SF
- Lot size: 3.62 acres
- Lease expiration: Dec 31, 2016
- Rent increases: McDonald's: December 31, 2011; Chevron: July 1, 2012
- Guarantor: Corporate
Location
This McDonald's/Chevron property is at 5115 Dallas Highway in Powder Springs, Georgia.
Asset type: Retail