Corporate-Backed Groundlease – This property benefits from a corporate-guaranteed groundlease, providing a secure and reliable income stream with no landlord responsibilities.
Established Brand with Nationwide Expansion – Take 5 is rapidly growing across the country, reinforcing its strong market position and increasing long-term brand stability.
Built-in Rental Growth – The lease includes scheduled rent increases, with the next bump in 2027, ensuring a steady appreciation in cash flow.
Long-Term Lease with Renewal Options – The lease extends through 2037, with four additional five-year renewal options, providing future upside and stability.
Minimal Management Responsibilities – As a true groundlease, the tenant is responsible for taxes, insurance, and maintenance, making this a passive investment with no oversight required.
Strong Consumer Spending Power in the Area – The surrounding trade area boasts an average household income of $136K within a one-mile radius, supporting strong customer demand for automotive services.
Established Location with Operational History – The site has been operating successfully since 2017, demonstrating a proven track record of performance.
Desirable Retail Corridor – Located on Scenic Highway (Hwy 124), a key commercial artery in Snellville, the property benefits from strong traffic counts and visibility.