CAP Rate: 7.00%
Net Operating Income: $1,010,880
Year Built: 1997
Lot Size: 12.2 AC
The Kase Group is pleased to present this rare At Home fee simple absolute NNN lease located in Norcross, Georgia. The corporately guaranteed lease calls for zero landlord obligations. There are four 5 year options to renew. The asset is well situated along the state interstate - I-85. At Home benefits from this heavily trafficked retail location with nearby retailers including Lowe’s, Home Depot, Sears, Macy’s, Costco, and Best Buy.
Norcross is included in the Atlanta-Sandy Springs-Marietta, Georgia metropolitan statistical area, which is included in the Atlanta-Sandy Springs-Gainesville, Georgia-Alabama combined statistical area. The Property is located adjacent to Indian Trail Road in a highly commercialized and densely populated trade area. The site benefits from strong traffic counts of 62,000 VPD.