Net Lease Investment Opportunity | TitleMax | 6.6% Cap Rate

For Sale

5970 Old Dixie Hwy, Forest Park, GA 30297

This Forest Park property for sale is located at 5970 Old Dixie Hwy. The current listed sale price for Net Lease Investment Opportunity | TitleMax | 6.6% Cap Rate is $802,242. Net Lease Investment Opportunity | TitleMax | 6.6% Cap Rate is situated on a lot that is 0.9 acre in size.

Contacts

broker

Nancy Miller, CCIM, MBA

Bull Realty

Property Details

  • Property Type Retail
  • Property Size 2,971 SF
  • Lot Size 0.9 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1977
  • Date Updated Jul 30, 2024
Forest Park, GAThis rare “bite-size” NNN investment property is in Forest Park, GA in the Atlanta MSA. Savannah, GA based TitleMax opened this location in December of 2007 under a 30-year NNN lease. Investor yield is enhanced by 2% annual rent increases. This location benefits from a moratorium on opening additional title-lending firms in the municipality. The ±2,971 SF store is located on a ±0.89-acre site on a major retail artery with traffic counts of 20,200 VPD. This densely populated area has a 5-mile population of 186,657 with an average household income of $57,048. Growth projections continue at 2.12% through 2028. Forest Park, located in Clayton County, GA, the southern portion of the Atlanta MSA, is less than 10 minutes from Atlanta’s Hartsfield-Jackson International Airport. The site is half a mile north of Interstate 75 and 3.2 miles south of Interstate 285. The immediate area has many retail establishments, residential neighborhoods & apartments, churches, Public Storage, a Travelodge and a Super 8 Motel. Clayton State University, Southlake Mall and Southern Regional Medical Center are all within 5 miles of the property. TitleMax, opened its first location in 1998 and now has over 900 locations in 14 states. It is one of the largest title lending companies in the U.S. and fully guarantees this lease.

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Highlights

  • Rare “bite-size” NNN national tenant based in Savannah, GA with 2% annual rent increases!
  • Operating at this location since 2007 with lease and options through December 2037
  • High barriers to entry with moratorium on opening future title lending businesses in Forest Park
  • Traffic counts more than 20K VPD and five-mile population over 186,000
  • Projected population growth through 2028 of 2.12%
  • Vibrant trade area close to major interstates and Hartsfield-Jackson International Airport

Attachments

Getting around

  • 41/100

    Walk Score ®

  • 39/100

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Location

  • City Forest Park, GA
  • Neighborhood Springview
  • Zip Code 30297
  • Market Atlanta

Points of Interest

  • F Gates & International Terminal

    4.22 miles

  • E Gates

    4.46 miles

  • D Gates

    4.55 miles

  • C Gates

    4.68 miles

  • B Gates

    4.81 miles

  • A Gates

    4.95 miles

  • T Gates

    5.08 miles

  • Domestic Terminal

    5.15 miles

  • Airport

    5.26 miles

  • GICC/Gateway Center

    5.85 miles

  • Texaco

    0.06 miles

  • BP

    0.32 miles

  • Shell

    0.34 miles

  • Chevron

    0.42 miles

  • Exxon

    0.47 miles

  • Texaco

    0.69 miles

  • Valero

    0.75 miles

  • Citgo

    1.03 miles

  • Shell

    1.36 miles

  • Chevron

    1.48 miles

  • Riverdale Park & Ride

    2.31 miles

  • C.W. Grant Pkwy Park & Ride

    3.78 miles

  • International Terminal Park-Ride

    3.85 miles

  • International Terminal Hourly Parking

    4.17 miles

  • Jonesboro Park & Ride

    4.76 miles

  • Park-Ride Reserve

    5.01 miles

  • Terminal South Daily

    5.03 miles

  • Cell Phone Lot

    5.08 miles

  • Terminal South Gold Lot

    5.14 miles

  • Park Ride Lot A

    5.20 miles

  • Mexican Taqueria

    0.03 miles

  • Hondumex

    0.21 miles

  • Quality Fresh Seafood

    0.30 miles

  • Subway

    0.34 miles

  • Waffle House

    0.77 miles

  • Hibachi Grill

    0.92 miles

  • Burger King

    0.97 miles

  • WOW Wings

    1.05 miles

  • JJ Fish & Chicken

    1.13 miles

  • Popeyes

    1.17 miles

  • El Dixie Plaza

    0.20 miles

  • El Granero

    0.56 miles

  • Southlake Mall

    1.81 miles

  • Brito Supermarket

    1.85 miles

  • Pavillion Plaza

    2.03 miles

  • Walmart Supercenter

    2.10 miles

  • The Walker Building

    2.15 miles

  • Farmer's market

    2.21 miles

  • Jasber Plaza

    2.24 miles

  • Morrow Pavillion Shopping Center

    2.29 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Nancy Miller, CCIM, MBA

Bull Realty