3041 Piedmont Rd | Atlanta, GA 30305
Square Footage: ± 5,000
Year Built: 1988
Lease Type: NNN
Cap Rate: 5.64%
Cream of the Crop Buckhead location
Densely populated, strong demographic profile: 130,000± people with $130k+ avg household income within 3 miles.
Sits in the heart of a major commercial and financial center.
Exposure to Over 40,000 cars per day.
Net-Lease structure: Tenant is responsible for taxes, insurance, maintenance and utilities.
NNN Income from wholly owned subsidiary of $32B multinational Bridgestone, and the largest outdoor ad firm in the the US, Clear Channel Outdoor.
Acreage: ± 0.55
Rent Bumps: 10% every 5 years