4210 Salem Road
Covington (Atlanta), GA 30016

Popeyes

Offering Summary
Price $3,297,117 Cap Rate 4.25%
NOI $140,000 Rentable SF 2,145 SF
Lot Size 1.66 +/- Acres Year Built 2022
Lease Type Absolute NNN Lease Term 15 Years

Investment Highlights

  • Brand New 2022 Construction (New Prototype)
  • 15-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
  • Outparcel to Wal-Mart Supercenter Located Directly Across the Street from Publix Anchored Shopping Center
  • Great Visibility & Access Right Off Brown Bridge & Salem Road
    with Traffic Counts Exceeding 40,000 Vehicles Per Day
  • Dense Retail Trade Area with Over 86,000 Residents and
    Average Household Income Exceeding $84,000 in 5-Miles
  • 7.0% Expected Population Growth Over the Next 5-Years (Atlanta
    is the Most Populated & Fastest Growing Metro in the State)
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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com

Michael Mulvihill
Senior Associate
(858) 442-7298
mmulvihill@wertzrealestate.com