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4939 Bill Gardner Pkwy 950 SF Retail Building Locust Grove, GA 30248 $3,203,883 ($3,372.51/SF) 5.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 15-Year Lease commencing in January 2026 with three 5 year options to extend
- 10% rent escalations every 5 years throughout the initial term and option terms providing a hedge against inflation
- Corporate Guaranty from Boersma Bros LLC
EXECUTIVE SUMMARY
Reeves Commercial Real Estate is pleased to present a prime investment opportunity, a new construction Dutch Bros Coffee in the Atlanta area. The property features a 15-year absolute NNN Ground Lease with no landlord responsibilities. This offering also features a corporate guaranty and 10% rent increases every 5 years throughout the initial and option terms. Passive investment - perfect for a 1031 exchange or out of state investor.
Situated directly on Bill Gardner Parkway (38,000 VPD) and less than 1/2 mile from the I-75 interchange (108,000 VPD). This property located in front of Walmart Supercenter with 2.2 million visitors last year. Additionally, the property's close proximity to the Tanger Outlets Locust Grove makes it a prime location for retail businesses seeking exposure to high levels of consumer traffic.
Situated directly on Bill Gardner Parkway (38,000 VPD) and less than 1/2 mile from the I-75 interchange (108,000 VPD). This property located in front of Walmart Supercenter with 2.2 million visitors last year. Additionally, the property's close proximity to the Tanger Outlets Locust Grove makes it a prime location for retail businesses seeking exposure to high levels of consumer traffic.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
950 SF
Building Class
C
Year Built
2026
Construction Status
Proposed
Price
$3,203,883
Price Per SF
$3,372.51
Cap Rate
5.15%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.95 AC
Zoning
C
Frontage
197’ on Market Place Boulevard
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dutch Bros
- -
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dutch Bros | - | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0112-01-013-034 | Improvements Assessment | $0 |
| Land Assessment | $493,200 | Total Assessment | $493,200 |
PROPERTY TAXES
Parcel Number
0112-01-013-034
Land Assessment
$493,200
Improvements Assessment
$0
Total Assessment
$493,200
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4939 Bill Gardner Pkwy
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