Neuragenex

2743 Chastain Meadows Pkwy, Marietta, GA
Deal Type:
Net Lease
Price:
$6,118,552
Cap Rate:
7.25%
Current Rent:
$443,595
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
Two, 5-year options
Building Sq. Ft.:
3,483 SF
Rent Increases:
2% annually throughout initial term and options
Site Size:
1.02 AC

Investment Highlights

  • Brand new long term 20-year lease with parent company guarantee and annual rental escalations throughout initial term and options
  • Absolute NNN with NO landlord responsibilities, ideal for a passive investor seeking no management
  • Property situated on a signalized hard corner on main entrance to Walmart Supercenter, over 14K VPD on Chastain Meadows Pkwy NW
  • Affluent and dense trade area with over average household income in excess of $117,000 and 173,000 residents within a 5-mile radius. Asset just 10 minutes from one of the top ten largest hospitals in Georgia with 633 beds
  • Nearby National Retailers include: Walmart Supercenter, Costco Wholesale, Target, Home Depot, Publix Supermarkets, Dick’s Sporting Goods, Ross Dress For Less, Starbucks, Barnes & Noble, Burger King, Chick-fil-A, McDonald’s, Twin Peaks, etc.

Listing Agents

Sasha Dominguez

Vice President
786 443 4960
[email protected]

Breanna Rusk

Vice President
714 722 4110
[email protected]

Adam English

Managing Director
256 694 9803
[email protected]

Scott Reid | ParaSell, Inc.| A Licensed Georgia Broker #77666

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