Bank OZK | Absolute NNN Ground Lease

2115 Jodeco Rd, McDonough, GA 30253

Property Description

Price: $2,700,000
Land Area: ±1.00 Acre
Cap Rate: 5.00%
Gross Leasable Area: ±3,500
Year Built: 2024

Investment Highlights

Brand New 15-Year Corporate Guaranteed Lease with Bank OZK Providing Secure, Long-Term Cash Flow

Outparcel to a New Sprouts-Anchored Shopping Center Driving Strong Daily Traffic and Consumer Draw

Prime Hard Corner Location Offering Excellent Visibility, Access, and High Traffic Exposure

Prime Retail Location

Located Near Interstate 75 with Traffic Counts Exceeding 167,000 Cars Per Day | I-75 is a Major Highway that Connects Miami to Detroit

Multiple Residential Developments Next Door Including The Levi Luxury Apartments, Argento Apartments, and Tessa Jodeco Townhomes totaling ±660 Apartments/Townhomes and Additional Single Family Homes Planned

Outparcel to the #1 Visited Sprouts in the State of Georgia According to Placer.ai (Please Contact Agent for More Details)

The Subject Property is Part of a Brand-New Master Planned Development with a Number of Premium Retailers Including Whataburger, Chick-fil-A, Starbucks, First Watch, Bubba’s 33, Valvoline, Costco, Chipotle, Hacienda Bar & Grill, Lush Nail Bar, and Many More

Corporate Bank OZK

Absolute NNN Ground Lease Property with Zero Landlord ResponsibilitiesIdeal for Investors Not Local to the Market

Bank OZK has Over 260 Locations in Operation Across Nine States | Corporate Guaranty from Investment Grade Tenant with Over $40 Billion in Total Assets

Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term and Options Provide for an Excellent Hedge Against Inflation

Pride of Ownership Property in Stockbridge, GA

Dense, Infill Location with Over 99,300 Residents Within 5 Miles | Affluent Area with the Average Household Income Exceeding $102,600 Within 5 Miles

The Surrounding Area Benefits From a Very Low Unemployment Level of 2.62%

Access to Major Interstate Corridor with Easy Access to Downtown Atlanta Makes the Local Market an Industrial & Distribution Hub with ±8.8M Square Feet of Industrial Properties

 

 

Broker of Record: John Leonard | Atlanta, GA  | License: 252904

Contact Information

Ron Duong
Ron Duong
Senior Managing Director Investments
(949) 419-3233
[email protected]
License: CA 01438643

Craig Elster
Senior Director Investments
(949) 419-3223
[email protected]
License: CA 01958307

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