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597 Sigman Road NE, Conyers, GA, 30013

ExtraMile

$7,600,000

Key Information

Cap Rate
6.3%
$ per SF
$1,013
Tot. SF
7,497
Lot Size
2 Acres
Term Remaining
± 10 Years
Type
Retail
NOI
$478,800

Highlights

• One Big Beautiful Bill (OBBBA) permanently restored 100% bonus depreciation for “retail motor fuel outlet”
• Immediate tax write-off to improve cash flow and reduce taxable income
• Subject property qualifies for 100% Bonus Depreciation & Accelerated Depreciation
• 10-year base term
• Two (2), 10-year renewal options
• Rent escalations of 7% every five years
• Absolute triple net (NNN) with NO landlord responsibilities
• Lessee to sign a master lease to ensure this is an absolute NNN lease and passive investment to the landlord
• Affluent, dense & high-growth metro of Atlanta
• Avg. Household Incomes: $65k (1-Mi); $89k (3-Mi); $100k (5-Mi)
• Population: 6k (1-Mi); 31k (3-Mi); 73k (5-Mi)
• Pop. Growth since 2010: 26% (1-Mi), 16.5% (3-Mi); 19% (5-Mi)
• Desirable parcel size of ±2.0 acres
• Fundamental real estate located at the hard corner of a signalized 4-way intersection
• Busy intersection with traffic counts of ±22,590 VPD along Sigman Rd
• Versatile retail building of ±7,250 SF with three suites (3), including a ±4,000 SF c-store and ±2,000 SF endcap with a drive-thru
• Large fuel offering with 5 MPDs/10 hoses for 2-axle vehicles and a separate canopy with high-speed diesel

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305