OFFERING MEMORANDUM - Absolute Triple Net (NNN) Lease Investment Opportunity
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OFFERING MEMORANDUM
Absolute Triple Net (NNN) Lease Investment Opportunity
2990 Anvilblock Rd | Ellenwood, GA | Atlanta MSA
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Exclusively Marketed By:
Kaveh Ebrahimi Chris Naylon
Lic # 01896322 Lic # 01839132
310.853.1426 | DIRECT 310.438.5525 | DIRECT
kaveh@SIGnnn.com cnaylon@SIGnnn.com
Zach Martin Ashley Saye
Lic # 02044335 Lic. # 01955010
310.626.1852 | DIRECT 424.334.0750 | DIRECT
zach@SIGnnn.com ashley@SIGnnn.com
Andrew Ackerman
03 14
Lic # 311619 INVESTMENT SUMMARY TENANT OVERVIEW
• Investment Summary • Popeyes
770.626.0445 • Investment Highlights
andrew@SIGnnn.com • Site Plan and Elevations
In Cooperation with Sands Investment Group Atlanta, LLC
07 15
BoR: Andrew Ackerman - Lic # H-67374 AREA OVERVIEW LEASE ABSTRACT
• Location Map • Lease Summary
• Aerial & Retail Maps • Rent Roll
• City Overview
Sands Investment Group
2701 Ocean Park Boulevard, Suite 140 © 2018 Sands Investment Group (SIG). The information contained in this ‘Offering Memorandum,’ has been obtained from sources believed to be reliable. Sands
Santa Monica, CA 90405 Investment Group does not doubt its accuracy, however, Sands Investment Group makes no guarantee, representation or warranty about the accuracy contained
herein. It is the responsibility of each individual to conduct thorough due diligence on any and all information that is passed on about the property to determine
844.4.SIG.NNN it’s accuracy and completeness. Any and all projections, market assumptions and cash flow analysis are used to help determine a potential overview on the
property, however there is no guarantee or assurance these projections, market assumptions and cash flow analysis are subject to change with property and
www.SIGnnn.com market conditions. Sands Investment Group encourages all potential interested buyers to seek advice from your tax, financial and legal advisors before making
any real estate purchase and transaction.
INVESTMENT SUMMARY
OFFERING SUMMARY PROPERTY SUMMARY
PRICE $2,145,000 ADDRESS 2990 Anvilblock Road
Ellenwood, GA 30294
CAP 5.85%
COUNTY Clayton
NOI $125,500
APN 12-0235B-00A-055
PRICE PER SF $795.92
BUILDING AREA +/- 2,695 SF
YEARS REMAINING 15 Years LAND AREA +/- 1.17 Acres
LEASE GUARANTY Franchisee (75+ Units) BUILT Under Construction (2018)
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INVESTMENT HIGHLIGHTS
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• Expanding Multi Concept 75+ Unit Operator with Excellent Experience - Projected to Have Approximately 100 Locations by
Investment
the End of 2018
• Brand New Construction Long Term 15 Year Absolute Triple Net (NNN) Lease
Summary • Immediate Surrounding Area is Continuing to Grow Including the Brand New Clayton Commerce Center – a 797,580 SF
Class A Distribution Facility Located Adjacent to the Walmart Shopping Center
• Strategically Located Walmart Outparcel in Atlanta's Primary Distribution Hub - Close Proximity to FedEx SmartPost, FedEx
Ground Distribution Facilities, Clayton County Police Department, Saia LTL Freight, SECO Inc Headquarters, Kroger
Distribution Center, Gillem Logistics Center and Many More
Absolute • Neighboring Retailers Include Hardee's, Waffle House, Wendy's, Murphy's USA, Dollar Tree and More
NNN Lease • Located in Clayton County in the Atlanta Metropolitan Area, which is the Most Populous Metro Area in Georgia and the
Ninth-Largest Metropolitan Statistical Area (MSA) in the United States
• Immediately Off Interstate 675 with High Traffic Counts of 72,550 Vehicles Per Day
44
57
LOCATION MAP
8
ELLENWOOD TOWN CENTER
GRANT RD
ANVILBLOCK RD
AERIAL MAP
Bass BBQ & Soul 4th & 1 Sports Bar
Grant Rd Food Grille & Lounge
Anvilblock Rd
59
RETAIL MAP
k Rd
lo c
v ilb
An
10
5
CLAYTON COMMERCE CENTER
Hillwood plans to build Clayton
Commerce Center, a 797,580-square-
foot distribution center located near
Interstate 675 on 4388 Lunsford Drive in
Ellenwood, about nine miles east of
Hartsfield-Jackson Atlanta International
Airport.
The property will include 36-foot clear
heights, an ESFR sprinkler system, cross-
Grant Rd
dock configuration, 231 trailer storage
spaces and 442 parking spaces for
automobiles. Clayton County is the only
Anvilblock Rd
county in metro Atlanta to be
designated Tier 1 by the Georgia
Department of Community Affairs, and
Hillwood’s development is expected to
offer potential tenants job tax credits
and property tax reductions. Hillwood
has selected Reliant Real Estate Partners
to lease Clayton Commerce Center.
11
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AERA OVERVIEW
Rd
nv i l bl o c k
A
STREET/CROSS ROAD AVERAGE VEHICLES PER DAY SUBJECT PROPERTY DEMOGRAPHICS
3 Mile 5 Mile 10 Mile
Anvilblock Rd / Old Grant Rd 14,175
Population 38,008 137,438 565,892
Interstate 675 72,550
Average Household Income $68,954 $63,751 $62,717
19 2AREA OVERVIEW
ABOUT THE CITY
Ellenwood is an unincorporated community in Clayton county, Georgia. The community is a southeast
suburb of Atlanta and is located on Interstate 675 and GA state route 42. Ellenwood is a part of
the Atlanta Metropolitan Area, which is the most populous metro area in Georgia and the ninth-
largest metropolitan statistical area (MSA) in the United States. The Georgia Metropolitan Statistical
Area is included in the Atlanta-Sandy Springs-Gainesville, Georgia-Alabama Combined Statistical Area.
This CSA spans up to 39 counties in north Georgia with about 6.3 million people making this the third
largest metropolitan region after Greater Washington and South Florida.
CLAYTON COURTHOUSE
ECONOMY
Supportive economic development, excellent public services and fabulous small town hospitality are all
reasons why Ellenwood continues to enjoy tremendous growth. Conveniently located about 18 miles
outside of Atlanta, Ellenwood is an excellent commuter community. Atlanta is rated a "beta(+)” world
city that exerts a moderate impact on global commerce, finance, research, technology, education,
media, art, and entertainment. It ranks 38th among world cities and 10th in the nation with a gross
domestic product of $320 billion. Atlanta's economy is considered diverse, with dominant sectors that
include logistics, professional and business services, media operations and information technology.
ATLANTA SKYLINE
CULTURE & CONTEMPORARY LIFE
In 2016, Atlanta was the third-most visited city in the United States, with over 51 million visitors per
year. Although the most popular attraction among visitors to Atlanta is the Georgia Aquarium, the
world's largest indoor aquarium, Atlanta's tourism industry is mostly driven by the city's history
museums and outdoor attractions. Atlanta is home to professional franchises for four major team sports:
the Atlanta Braves of Major League Baseball, the Atlanta Hawks of the National Basketball Association,
the Atlanta Falcons of the National Football League, and Atlanta United FC of Major League Soccer.
13
11 SUNTRUST PARKTENANT OVERVIEW
Founded in New Orleans in 1972,
Popeyes® has more than 40 years of
history and culinary tradition.
Popeyes distinguishes itself with a unique New Orleans style menu featuring
spicy chicken, chicken tenders, fried shrimp and other regional items. The
chain’s passion for its Louisiana heritage and flavorful authentic food has
allowed Popeyes to become one of the world’s largest quick service
restaurant chicken concepts with over 2,600 restaurants in the U.S. and
around the world.
Popeyes is committed to supporting local communities. It is franchised in
most of the country, and it is up to the individual restaurant franchise owner
to decide whether he or she would like to contribute.
Popeyes parent company is Restaurant Brands International Inc. (“RBI”) is
one of the world’s largest quick service restaurant companies with more than
$30 billion in system-wide sales and over 24,000 restaurants in more than
100 countries and U.S. territories. RBI owns three of the world’s most
prominent and iconic quick service restaurant brands – TIM HORTONS®,
BURGER KING®, and POPEYES®. These independently operated brands
have been serving their respective guests, franchisees and communities for
over 40 years.
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COMPANY TYPE HEADQUARTERS # OF LOCATIONS FOUNDED WEBSITE
14 Subsidiary Atlanta, GA 2,600+ 1972 popeyes.comLEASE ABSTRACT
LEASE SUMMARY
TENANT Popeyes (75+ Unit Operator)
PREMISES A Building of
Approximately 2,695 SF
LEASE COMMENCEMENT July 23, 2018
LEASE EXPIRATION August 31, 2033
LEASE TERM REMAINING 15 Years
RENEWAL OPTIONS 3 x 5 Years
RENT INCREASES 10% Every 5 Years
Beginning in Year 11
LEASE TYPE Absolute Triple Net (NNN)
USE QSR
PROPERTY TAXES Tenant’s Responsibility
INSURANCE Tenant’s Responsibility
COMMON AREA Tenant’s Responsibility
ROOF & STRUCTURE Tenant’s Responsibility
REPAIRS & MAINTENANCE Tenant’s Responsibility
HVAC Tenant’s Responsibility
UTILITIES Tenant’s Responsibility
15
12 Actual Property ImageRENT ROLL
TENANT SQUARE % OF ANNUAL RENT / INCREASE LEASE LEASE
OPTIONS
NAME FOOTAGE TOTAL BASE RENT SF DATES BEGIN END
Popeyes 10% Every 5 Years
+/- 2,695 SF 100% $125,500 $46.57 07/23/2018 08/31/2033 3 x 5 Years
(75+ Unit Operator) Beginning in Year 11
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13 Actual Property ImageCONFIDENTIALLY AGREEMENT
The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed
only by the party receiving it from Sands Investment Group and should not be made available to any other person or entity without the
written consent of Sands Investment Group.
This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish
only a preliminary level of interest in the subject property.
The information contained herein is not a substitute for a thorough due diligence investigation, and makes no warranty or representation,
with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and
square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the
compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business
prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property.
The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, Sands
Investment Group has not verified, and will not verify, any of the information contained herein, nor has Sands Investment Group conducted
any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness
of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
By receipt of this Memorandum, you agree that this Memorandum and its contents
are of confidential nature, that you will hold and treat it in the strictest confidence and
that you will not disclose its contents in any manner detrimental to the interest of the
Owner. You also agree that by accepting this Memorandum you agree to release
Sands Investment Group and hold it harmless from any kind of claim, cost, expense,
or liability arising out of your investigation and/or purchase of this property.
14Exclusively Marketed By:
Kaveh Ebrahimi Chris Naylon
Lic # 01896322 Lic # 01839132
310.853.1426 | DIRECT 310.438.5525 | DIRECT
kaveh@SIGnnn.com cnaylon@SIGnnn.com
Zach Martin Ashley Saye
Lic # 02044335 Lic. # 01955010
310.626.1852 | DIRECT 424.334.0750 | DIRECT
zach@SIGnnn.com ashley@SIGnnn.com
Andrew Ackerman
Lic # 311619
770.626.0445
andrew@SIGnnn.com
In Cooperation with Sands Investment Group Atlanta, LLC
BoR: Andrew Ackerman - Lic # H-67374
Sands Investment Group
2701 Ocean Park Boulevard, Suite 140
Santa Monica, CA 90405
844.4.SIG.NNN
www.SIGnnn.com
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