Investment Highlights

LONG-TERM ABSOLUTE NNN GROUND LEASE TO NATIONAL TENANT
» 20-year absolute NNN ground lease to AutoZone (NYSE: “AZO”)
» New 2021 construction featuring latest AutoZone store prototype
» Five percent rental increases in initial term and option periods, providing an excellent hedge against inflation
» No landlord management, ideal for an out of area investor
» Tenant is responsible for taxes, insurance, and all maintenance, including roof, structure, and parking lot

HIGH-TRAFFIC LOCATION IN A POPULATED AND GROWING AREA
» Located along State Route 92/Campbellton Fairburn Road (19,700 AADT), a major Northwest Southeast thoroughfare connecting Campbellton and Fairburn
» Beneficial proximity to highly trafficked Georgia thoroughfares, including South Fulton Parkway (21,700 AADT)
» Annual average annual household income of $82,318 within a one-mile radius of the location
» 63,807 residents live within five miles of the location, establishing regular local traffic to the property
» Projected 12 percent average household income increase within three miles of the site in the next five years, poising Union City and AutoZone for significant growth

CENTRAL LOCATION NEAR LARGE SCHOOLS, RETAILERS, AND COMMUNITY HUBS
» Directly adjacent to Parkway Village, an 83,000-SF shopping center anchored by Publix Super Market
» Surrounded by a strong mix of well-established national retailers, including McDonald’s, Zaxby’s, Wells Fargo, Chevron, Little Caesars, and many more
» Beneficial proximity to highly attended area schools, including Langston Hughes High School, Renaissance Middle School, and Renaissance Elementary School (combined 3,774 students)
» Easy accessibility from major community employers, including two Amazon warehouse locations and a Walmart fulfillment center
» Gateway to Downtown Atlanta, the most populous city in Georgia

Property Description

SOLD

The property is located along State Route 92/Campbellton Fairburn Road (19,700 AADT), a major Northwest-Southeast thoroughfare connecting Campbellton and Fairburn. The location maintains a beneficial proximity to highly trafficked Georgia thoroughfares, including South Fulton Parkway (21,700 AADT). There is an average annual household income of $82,318 within a one-mile radius of the location. The property is primed to grow along with the surrounding area, with a projected 12 percent average annual household income increase within a three mile radius of the site in the next five years.

The property is centrally located near large employers, retailers, and community hubs. The location is directly adjacent to Parkway Village, an 83,000-SF shopping center anchored by Publix Super Market. The site is surrounded by a strong mix of national and local retailers, including McDonald’s, Zaxby’s, Wells Fargo, Chevron, Little Caesars, and many more. Visibility is also increased by the site’s location near highly attended area schools, including Langston Hughes High School, Renaissance Middle School, and Renaissance Elementary School (combined 3,774 students). The location is perfectly situated to service major community employers and employees, including two Amazon warehouse locations and a Walmart Fulfillment Center. The property serves as a common gateway to Downtown Atlanta, the most populous city in Georgia.