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130 McClung Rd
Athens, GA 30601
Popeyes | New 15-Yr Abs NNN Lease · Retail Property For Sale
PROPERTY FACTS
ABOUT 130 MCCLUNG RD , ATHENS, GA 30601
The subject property is a newly constructed Popeyes drive-thru located in Athens, Georgia. The Athens Technical College, with a student population of 4,500+, is located across the street from Popeyes. Georgia’s flagship university, the University of Georgia, enrolls over 40,000 students and is also located just minutes southwest of this property. The brand new 15-year absolute NNN lease includes 10% rental increases every 5-years in the primary term and in the (4) five-year option periods. This Popeyes is located at a signalized intersection at the entrance to a Kroger anchored shopping center. The property benefits from its excellent visibility and frontage along the most heavily trafficked north/south thoroughfare in Athens (US-29), which boasts over 26,500 vehicles per day. National retailers in the immediate vicinity include Kroger, Bojangles, O’Reilly, Wendy’s, McDonald’s, Pizza Hut, Taco Bell, AT&T, Burger King and many more. This is an excellent opportunity for an investor to purchase a stable, long term investment with zero landlord responsibility.
