643 Thornton Rd | Lithia Springs, GA 30122
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- LoopNet Team
643 Thornton Rd
Lithia Springs, GA 30122
Chipotle Abs. NNN 15-year Lease (Corporate) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Favorable Lease Structure - Absolute NNN | 10% rent increase every 5 years in the initial term and option periods | Four (4), 5-year options to extend
- Corporate Guaranty from Investment Grade Tenant - Chipotle has a market cap of $38B (NYSE: CMG) with over 3,000+ locations across the country
- Chipotlane and Freestanding Location - The property features a drive-thru, which studies have shown can increase restaurant sales by as much as 8%
- Atlanta MSA - Lithia Springs is located within the Atlanta MSA | 5.79 Million Residents | 18 Miles Away from Atlanta’s CBD
- Excellent Visibility with Large Traffic Counts - Over 38,000 ADT (Thornton Road), with premium road frontage (237 feet)
- Nearby Interstate Access - 1.5 Miles from Interstate 20 - Over 105,000 ADT | Main highway used to commute into the Atlanta City Center
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,336 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.27 AC
Zoning
CG
PROPERTY TAXES
| Parcel Number | 3182-04-2-0-007 | Improvements Assessment | $963,720 |
| Land Assessment | $292,120 | Total Assessment | $1,255,840 |
PROPERTY TAXES
Parcel Number
3182-04-2-0-007
Land Assessment
$292,120
Improvements Assessment
$963,720
Total Assessment
$1,255,840
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