Fundamental Location, Visibility & Access
- Newer 2021 construction
- Direct access to a traffic signal with multiple points of ingress/egress
- Flat topography with strong visibility in both directions along Atlanta Highway (±34,622 VPD), a 4-lane east/west thoroughfare that connects east Montgomery to downtown
- Strong daytime population counts of ±10k (1-mi), ±100k (3-mi) & ±179k (5-mi)
- Permanent population counts of ±9,605 (1-mi), ±100k (3-mi) & ±179k (5-mi)
- Limited surrounding competition – only 2 other gas/c-stores within a 1-mile radius
- Subject property is 0.6 miles from Percy Julian High School with ±1,500 students & staff
Optimal Lease Structure
- Original 20-year base term with +15 years remaining
- Four (4), 5-year renewal options
- 10% rent escalations every 5 years throughout the entire lease
- Absolute triple net (NNN) lease with NO landlord responsibilities