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885 Thornton Rd
Lithia Springs, GA 30122
Bojangles' · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,200 SF
Building Class
A
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.01 AC
Zoning
C1 - Commercial
Parking
30 Spaces (9.38 Spaces per 1,000 SF Leased)
Frontage
264’ on Thornton Rd

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Drive Thru
  • Wheelchair Accessible

ABOUT 885 THORNTON RD , LITHIA SPRINGS, GA 30122

INVESTMENT HIGHLIGHTS • Absolute NNN Lease – Landlord has zero responsibilities, the tenant takes care of insurance, real estate taxes, and maintenance • Long-Term Lease – Over 12 years remaining on the lease with three (3), 5-year options • Hedge Against Future Inflation – Rental increases of 10% every 5 years provide increasing cashflow over the initial term of the lease, as well as in the option periods. • Nearby National Tenants – Include Home Depot, Burger King, Taco Bell, T-Mobile, Jimmy John’s, McDonald’s, Chick-fil-A, and many others • Strong Demographics – Population of 47,051 within 3-miles, 111,324 within 5-miles. The population is projected to grow 5.48% by 2024 • High Traffic Count – Over 68,800 vehicle per day on Thornton Rd and over 114,000 vehicles per day on I-20 • Located approximately 13 miles West of Atlanta, just off I-20 exit • Experienced Operator – The operator has been a Bojangles’ franchisee for ~15 years and operates a majority of the Bojangles’ locations in the greater Atlanta area • Bojangles is one of the most popular and fastest-growing quick-service restaurant brands in the Southeast

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0182-05-2-0-021
Land Assessment
$117,840
Improvements Assessment
$295,840
Total Assessment
$413,680
  • Listing ID: 17642067

  • Date on Market: 11/5/2019

  • Last Updated:

  • Address: 885 Thornton Rd, Lithia Springs, GA 30122

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