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AT&T Recently Extended Lease | Signalized Intersection

321 Bullsboro Dr, Newnan, GA 30263, USA
$2,643,085

Description

Marcus & Millichap is pleased to present this 5,200-square foot single tenant net leased freestanding AT&T store located at 321 Bullsboro Drive in Newnan, Georgia.
Built in 2004 and newly renovated in 2009, this AT&T sits on a large 1.51-acre-parcel of land located at a signalized intersection with visibility to more than 23,830 vehicles per day and benefits from close to 68,115 full time residences with a household income exceeding $76,714 per year.
AT&T recently exercised it’s first five year option after successfully operating at this location since 2009. This property is surrounded by numerous National and Regional retailers in the immediate area including BB&T, Wing Stop, Panera Bread, Olive Garden, Publix, Walgreens, Ford, Hertz, UPS, KFC, Burger King, Buffalo Wid Wings, Barnes & Noble, Jared, Dillard’s and Best Buy among others.
This is also walking distance from Ashley Park, the premierregional open-air center in Newnan, Georgia, featuring more than upscale shops and restaurants and 14-screen Regal
Cinemas.
AT&T Inc. is the world’s largest telecommunications company, the second largest provider of mobile telephone services, and the largest provider of fixed telephone services in the United States through AT&T Communications. Since June 14, 2018, it is also the parent company of mass media conglomerate WarnerMedia, making it the world’s largest media and entertainment company in terms of revenue. As of 2018, AT&T is ranked #9 on the Fortune 500 rankings of the largest United States corporations by total revenue.

  • AT&T Recently Exercised it’s First Five Year Option, Showing Strong Commitment to the Site
  • Over 68,115 Residents in the Market Area with an Average HHI Exceeding $76,714 Annually
  • Signalized, Hard Corner Intersection on a large 1.51 Acre Parcel of Land
  • Visibility to over 23,830 Vehicles Per Day
  • Located at The Main Entrance to Ashley Park – Premier Regional Open Center in Newnan, Georgia

Property Documents

  • City: Newnam
  • State/county: Georgia
  • Zip/Postal Code: 30263
  • Country: United States

Detail

  • Price: $2,643,085

Additional details

  • CAP Rate: 7.00%
  • NOI: $185,016

Features