4275 Atlanta Hwy

Investment Highlights

TENANT: AFG SR Bogart, LLC dba Sonic Drive-In RENT COMMENCEMENT: March 2022 OPTIONS: 3, 5-year options LEASE TYPE: NNN LEASE TERM: 20-years STRONG RETAIL SYNERY: Near a high-concentration of the area's national tenants (Sam's Club, Publix's, Aldi, Academy Sports, etc)

Executive Summary

4275 Atlanta Hwy is currently leased to a Sonic franchisee on a 20-year NNN lease that commenced March of 2022. Base rent is currently $10,500 monthly, with 1.5% annual escalations after the first 5 years. All operating expenses are the responsibility of the tenant, and the lease offers 4 extension options of 5 years each. ?Lease Commencement: 3/2022?Initial Lease Term: 20-years?Lease Options: 4, 5-year options?Near National Tenants: Sam's Club, Publix's, Aldi, Academy Sports, etc.?Tenant: AFG SR Bogart, LLC dba Sonic Drive-InBroker of Record | Michael Overton License No. 390356 (GA)

• Sale Type    Investment NNN
• Sale Condition    1031 Exchange
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    1,661
• Building Class    C
• Year Built    2001
• Price    2,200,000
• Price Per SF    1,325
• Cap Rate    5.73
• NOI    125,975
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.03
• Land Acres    1.17 AC