• New Construction Surcheros | Absolute NNN Lease: Newly renovated ±2,832 SF retail asset (2005/2024) leased to Surcheros Fresh Mex with an Absolute NNN structure, providing a passive investment with zero landlord responsibilities.
• Long-Term Corporate Lease | Strong Income Security: Backed by Surcheros Holding Company, LLC (Corporate Guarantee) with ±13 years of remaining term on a 15-year lease (commenced July 1, 2024; expires June 30, 2039).
• Attractive Yield with Built-In Growth: Offering a 6.25% cap rate on $161,262 NOI, with 2.0% annual rent increases, driving consistent income growth throughout the lease term.
• Prime Corner Location | Strong Visibility & Access: Positioned on a ±0.57-acre parcel at a signalized intersection along S Tennessee St, offering excellent visibility, multiple access points, and strong consumer traffic patterns.
• Dominant Retail Corridor | National Co-Tenancy: Surrounded by major national retailers including Publix, Target, Kroger, Kohl’s, Hobby Lobby, Chick-fil-A, Ross, PetSmart, Walgreens, and more, driving consistent traffic to the immediate trade area.
• Growing Atlanta MSA Submarket: Located ±43 miles from Atlanta within a high-growth corridor, featuring 8.42% projected 3-mile population growth and 10.67% household growth, supported by strong income demographics.
• Expanding Regional Tenant: Surcheros operates 46+ locations with continued expansion plans across the Southeast, reinforcing long-term tenant viability and brand growth.