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


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Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile