Investment Highlights

NEW 12-YEAR NNN GROUND LEASE TO GROWING RESTAURANT TENANT
» New 12-year NNN ground lease to growing restaurant tenant
» 10% rental increases in initial term and option periods
» Miller’s Ale House has grown to 97 locations in 10 states
» Miller’s Ale House is committed to significant growth and plans on opening 10-15 new restaurants per year
» New 2023 construction built to latest Miller’s Ale House prototype

ADJACENT TO BY SAM’S CLUB IN A DENSE RETAIL CORRIDOR WITH ACCESS TO OVER 63K DAILY VEHICLES
» Located along Scenic Highway near the North Road Southwest signalized intersection offering excellent visibility and access to 63,414 combined vehicles per day near the property
» Situated next to Sam’s Club and immediately near major tenants such as Walmart Supercenter, Target, Lowe’s Home Improvement, The Home Depot, Academy Sports + Outdoors, Sprouts Farmers Market, and many others drawing significant traffic to the area
» Walking distance from Pharr Elementary School (673 students) and two miles from Piedmont Eastside Medical Center (310 beds), the largest employer in Snellville with 1,200 employees
» Near area attractions such as Urban Air Trampoline and Adventure Park, Gwinnett County Fairgrounds (100,000 visitors and considered one of the largest fairs in Georgia), and Stone Mountain Park, the second-most-visited tourist attraction in the Southeast (over five million annual visitors)

DENSELY POPULATED AND AFFLUENT COMMUNITY WITH ACCESS TO THE LARGE ATLANTA TRADE AREA
» 201,058 residents live within a five-mile radius of the property (23% growth since 2010)
» Average household income of $149,267 within one mile (projected 17% increase by 2027)
» 6.4 miles from Gwinnett County Airport (LZU) and 37 miles from Hartsfield-Jackson Atlanta International Airport
» Gateway to Downtown Atlanta, the most populous city in Georgia (498,715 residents), and part of the ninth-largest metro area in the U.S. (over six million people)
» Georgia’s business climate has been ranked #1 in the nation for the eighth consecutive year by Site Selection and Area Development ranked Georgia the top state for doing business for the seventh year in a row

Property Description

SOLD

» Miller’s Ale House is located along Scenic Highway (57,426 AADT) near North Road Southwest (5,988 AADT) and a signalized intersection which offers a second access point to the site
» Adjacent to Sam’s Club and immediately surrounded by major tenants such as Walmart Supercenter, Target, Lowe’s Home Improvement, The Home Depot, Academy Sports + Outdoors, Sprouts Farmers Market, and numerous others drawing significant traffic to the area
» The property is within walking distance from Pharr Elementary School (673 students) and two miles from Piedmont Eastside Medical Center (310 beds), the largest employer in Snellville with 1,200 employees
» The site maintains beneficial proximity to area attractions such as Urban Air Trampoline and Adventure Park, Gwinnett County Fairgrounds (100,000 visitors and considered one of the largest fairs in Georgia), and Stone Mountain Park, the second-most-visited tourist attraction in the Southeast (over five million annual visitors)
» 201,058 residents live within a five-mile radius of the property, a significant growth of 23% since 2010
» The immediate community is affluent with a one-mile average annual household income of $149,267 (projected to increase 17% by 2027)
» The site is a gateway to Downtown Atlanta, the most populous city in Georgia (498,715 residents), and part of the ninth-largest metro area in the U.S. (over six million people)