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1975 Highway 211 NW
Hoschton, GA 30548
20 YEAR CIRCLE K 6.75% ABSOLUTE NNN · Retail Property For Sale

PROPERTY FACTS
ABOUT 1975 HIGHWAY 211 NW , HOSCHTON, GA 30548
LEASE Brand New 20 Year Sale-Leaseback to Begin at Close of Escrow – Perfect for someone looking to invest in a long-term deal Absolute Triple Net Lease (NNN) – Tenant is responsible for all expenses including roof, structure, taxes, insurance and common area maintenance Attractive Return – 6.75% cap rate equates to primary year’s rental rate of $182,562 1.25% Annual Rent Increases – Provides investor with the ability to keep up with the rate of inflation Four, 5-Year Options to Extend – 20 years of lease term in the option periods Increase After-Tax Cash Flow – Investor has the opportunity to utilize the benefits of accelerated depreciation and depreciate the gas station property over a 15-year schedule (verify with CPA) LOCATION Dense Demographics – There are 52,000+ people located within a 5-mile radius Affluent Demographics – Average household income within a 5-mile radius is over $100,000 Stellar Location – Located directly off I-85 which experiences traffic counts of over 65,000 vehicles per day Bustling Industrial Hub – Surrounding industrial tenants consist of Petco Distribution Center, Kichler Lighting, and Chateau Elan Resort & Winery Almost 4,000 employees work in surrounding industrial region TENANT Strong & Experienced Franchisee – Franchisee has been operating convenience stores since 1994 and currently owns over 60 in Georgia, Louisiana, and Texas Circle K awarded Gas Express LLC a master franchise agreement in 2012, allowing Gas Express exclusive Atlanta-area rights to the Circle K brand for Clayton, Cobb, Coweta, DeKalb, and Fulton counties Aggressive Growth Strategy – Gas Express is on track to operate over 100 convenience stores by the end of 2018 Secure Guaranty – Gas Express will guaranty the lease with 30 stores located throughout Atlanta Excellent Financial History – Company has had healthy financials which suggests a promising financial future PROPERTY Circle K Brand Image – Property was purchased by the tenant earlier this year and is set to undergo a complete re-imaging to Circle K’s latest standards Interior Remodel – Property is set to undergo a store remodel to upgrade to Circle K’s standards Large Format Location – Property has 8 fueling stations, which in turn results in more customers shopping inside the convenience store
LINKS
PROPERTY TAXES
| Parcel Number | BR023-008A | Improvements Assessment | $242,343 |
| Land Assessment | $196,200 | Total Assessment | $438,543 |
PROPERTY TAXES
Listing ID: 9725124
Date on Market: 10/24/2017
Last Updated:
Address: 1975 Highway 211 NW, Hoschton, GA 30548
The Retail Property at 1975 Highway 211 NW, Hoschton, GA 30548 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
