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JJ Fish & Chicken, Atlanta, GA

JJ Fish & Chicken

Atlanta, GA

Price $1,715,000
Cap Rate 5.25%
NOI $90,000
Lease Term 10 Years
Lease Type Net Lease, With Tenant Responsible For All Taxes, Insurance, Maintenance, And Repair, Excluding Foundation And Exterior Walls
Rental Increases 3% Rental Increases Every Year
Year Built 2022
Building Size +/−2,452 SF (Estimated)
Lot Size 0.995 Acres (43,356 SF)
Status Available
Lead Broker Information Vincent Aicale
Executive Managing Director
415.690.5522
vince.aicale@cushwake.com
CA RE License #01728696

Ryan Forsyth
Executive Managing Director
415.413.3005
ryan.forsyth@cushwake.com
CA RE License #01716551

Michael T. Yuras, CCIM
Vice Chairman
415.481.0788
michael.yuras@cushwake.com
CA RE License #01823291

Scott Crowle
Executive Managing Director
415.604.4288
scott.crowle@cushwake.com
CA RE License #01318288

Investment Highlights

NEW 10-YEAR NET LEASE TO GROWING QSR TENANT
» 10-year net lease to growing QSR tenant
» Rare annual rental increases throughout entirety of lease, providing an excellent hedge against inflation
» Tenant is responsible for taxes, insurance, and all maintenance, excluding the foundation and exterior walls
» New 2022 high-quality remodel

HIGH-EXPOSURE LOCATION NEAR STRONG TRAFFIC DRIVERS
» Located along Fulton Industrial Boulevard Southwest, with visibility and access to 43,700 vehicles per day in front of the site
» Proximity to major Georgia thoroughfares, including Interstate 20, a major east-west route traversing the entirety of Georgia (184,000 AADT)
» 137,171 residents live within a five-mile radius, establishing a large customer base for the site
» Average annual household income of $91,146 within five miles (projected to increase 21% by 2026)

PRIME LOCATION WITH ACCESS TO THRIVING ATLANTA CUSTOMER BASE
» Three miles from Six Flags Over Georgia (6.8 million annual visitors)
» Beneficial proximity to Hartsfield-Jackson Atlanta International Airport, the busiest and most efficient airport in the world (over 100 million annual
passengers), with $34.8 billion in economic impact for metro Atlanta and Georgia’s largest employer (63,000 employees)
» Well-positioned in Atlanta, the most populous city in Georgia (498,715 population), and the ninth-largest metro area in the U.S. (over 6 million people and ranked on the National Geographic “Best of the World 2022” list as the top destination to visit)
» Georgia’s business climate has been ranked #1 in the nation for the eighth consecutive year by Site Selection, and Area Development ranked Georgia the top state for doing business for the seventh year in a row


Property Description

This JJ Fish & Chicken is located along Fulton Industrial Boulevard Southwest, with visibility and access to 43,700 vehicles per day in front of the site. The property maintains proximity to major Georgia thoroughfares, including Interstate 20, a major east-west route traversing the entirety of Georgia (184,000 AADT). 137,171 residents with an average annual household income of $91,146 live within a five-mile radius, establishing a large and affluent customer base for the site. The average annual household income within five miles is projected to increase 21 percent by 2026, poising JJ Fish & Chicken and the immediate trade area for significant concurrent growth.

The property features a prime location with excellent access to the thriving Atlanta market. The site is three miles from Six Flags Over Georgia (6.8 million annual visitors), attracting significant traffic to the restaurant. The location maintains beneficial proximity to Hartsfield-Jackson Atlanta International Airport, the busiest and most efficient airport in the world (over 100 million annual passengers), with $34.8 billion in economic impact for metro Atlanta and the largest employer in Georgia (63,000 employees). The property is well-positioned in Atlanta, the most populous city in Georgia (498,715 population) and the ninth-largest Metro area in the U.S. (over six million people). Atlanta is ranked on the National Geographic “Best of the World 2022” list as the top destination to visit. Georgia’s business climate has been ranked #1 in the nation for the eighth consecutive year by Site Selection, and Area Development ranked Georgia the top state for doing business for the seventh year in a row.

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