Historical Retail Sale Listing - Swifty Save NNN Gas Station

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Swifty Save NNN Gas Station

3780 Sixes Road, Canton, GA 30114

N/A

3,300 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
3,300 SF
Property Type:
Retail
Property Sub-type:
Service/Gas Station
Property Use Type:
Investment
Cap Rate:
9%
Occupancy:
100%
Tenancy:
Single
Year Built:
2001
Lot Size:
0.98 AC
Listing ID
14878667
Last Updated
over 1 year ago

Highlights

  • Corner location on a pad in front of Publix
  • Directly across from a 1700 acre master planned community
  • 20 Year Absolute NNN Lease with 15 Years remaining
  • 10% increase Year 11 and every 5 years thereafter
  • Average HH Income of $133,367 within 1 mile!
  • 47% Population growth over the next 5 years within 1 mile!

Description

Swifty Save is a NNN Gas Station located in the city of Canton, Cherokee County, GA. Swifty Save has signed a 20 year lease with four 5-year options. The lease has 15 years remaining and also includes 10% rental increases in Year 11 and every 5 years thereafter, including each option. The property is located in a high growth, high income area, directly on the corner of two major streets, and on a pad to a Publix anchored center. Swifty Save is also located directly across from a 1700 acre master planned community and is the only gas station in the immediate area.

Swifty Save is located in the city of Canton, GA, conveniently located at the intersection of Sixes Road and Bells Ferry Road. Swifty Save is conveniently located approximately 3 miles west of Interstate 575, about 35 miles north of downtown Atlanta. The property occupies an excellent location on the pad to a Publix anchored center. Swifty Save is the only gas station in the immediate area. Directly across the street from the property is the BridgeMill community - a 1700 acre master planned community voted Atlanta's best selling community 6 years in a row. The immediate area is experiencing tremendous growth and is one of the highest income areas in Atlanta. The one mile population has grown over 105% since 1990 and is expected to grow another 47% in the next 5 years! The average HH income is $133,367 within 1 mile and is expected to grow 38% in the next 5 years!

Map of 3780 Sixes Road, Canton, GA 30114 (Cherokee County)

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