RealtyLink Development

DQ Grill & Chill (Atlanta MSA)

1265 Powder Springs Road SW
Marietta, GA 30064

Property: Investment Sales

Square Footage: +/- 3,212

Acreage: +/- 0.92

Price: $2,717,000

Cap Rate: 6.0%

Description:

  • 20-year absolute triple net lease with 10% rent bumps every 5 years
  • 4 renewal options of 5 years each with 10% rent bumps each option
  • International QSR brand with over 7,000 restaurants in 25 countries
  • Tenant is a 53-year veteran of the QSR industry and DQ franchising system
  • Signalized corner site on a 5-lane corridor with daily traffic counts of 37,000
  • Neighboring tenants include ALDI, CVS, McDonald’s, Waffle House, Taco Bell, Zaxby’s, O’Reilly, AutoZone, Family Dollar and U-Haul
  • Population over 75,000 with average household income over $75,500 in a 3-mile radius
  • Located 3 miles from Marietta Town Square, 6 miles off I-75, and 20 miles northwest of downtown Atlanta
  • Cobb County is the third most populous in the state with over 755,000 residents