IHOP & ATT, Woodstock, GA

8979 & 8989 GA Highway 92
Woodstock, GA 30189

PROPERTY SOLD

Property: Investment Sales

Price: $2,760,000

Cap Rate: Call

Description:

  • Located 25 miles north of downtown Atlanta at the intersection of Highway 92 (exit 7) and I-575
  • The 1.67 acre development consists of a 4,500 SF IHOP built in 1992 and 3,200 SF AT&T built in 2010
  • IHOP is on a 25 year lease with rent bumps every 5 years and AT&T is on a 7 year lease with a rent bump after 5 years
  • Property is on a signalized corner in front of Home Depot and across from Target, Kohl’s and Lowe’s
  • The financed transaction closed escrow on December 21st for $2.76 million
  • The buyer was a private investment fund out of Memphis, Tennessee

IHOP & ATT, Woodstock, GA

Downloads

Site Plan         

Aerials         

Contact

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