RealtyLink Development

Bojangles' (Atlanta MSA East)

3150 Turner Hill Road
Lithonia, GA 30038

Property: Investment Sales

Square Footage: +/- 2.025

Acreage: +/- 3,962

Price: $3,231,000

Cap Rate: 6.50%

Description:

  • 20 year absolute triple net lease that commenced in November 2017
  • 10% rent bumps every 5 years with 4 renewal options of 5 years each
  • Larger than prototypical store footprint at 3,962 SF built on 2+ acres in Summer 2017
  • Projected high sales volume location 19 miles east of downtown Atlanta along the I-20 corridor (132,000 AADT at exit 75)
  • Positioned next to The Mall at Stonecrest, a 1.2 million SF super regional shopping and entertainment center (future 341,000 SF expansion) at the heart of an 1,100 acre master planned community
  • Stonecrest is the future home of Atlanta Sports City, a 200 acre $350 million project expected to draw 3+ million visitors annually with a scheduled completion in 2020 (click HERE for more info)
  • 20 mile radius trade area population of 2.1 million (9.75% growth since 2010) with 6.5% projected growth by 2022 (2017 data)
  • Average household income of $75,000 within the trade area (2017 data)
  • Dekalb County is the fourth most populous in the state with 735,000 residents who speak 140 different languages (2016 data)

Bojangles' (Atlanta MSA East)

Downloads

Demographics         

Site Plan         

Aerials         

Investment Package         

Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com