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NNN Sale Leaseback Investment 2 Retail Properties Offered at $1,411,058 CAD in Riverdale, GA

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INVESTMENT HIGHLIGHTS

  • Sale Leaseback NOI $91,800 | $7,650/month NNN
  • Tenant Guarantee: Personally guaranteed lease
  • Lease Term: 5 years with a renewal option
  • Total Building Size: ±5,471 SF across two buildings (823 & 827 Hwy 138)

EXECUTIVE SUMMARY

823-827 Hwy 138 | Riverdale, GA 30296
Single-Tenant NNN Sale-Leaseback | Personally Guaranteed Lease

Presenting a fully leased, single-tenant NNN investment opportunity in the heart of Riverdale, GA. The property is leased to a well-established luxury salon suite operator under a 5-year sale-leaseback structure, personally guaranteed by the tenant. The lease includes 3% annual escalations, generating a stable and growing income stream with minimal landlord responsibilities.

Key Highlights:

Sale Leaseback NOI: $91,800 NOI | $7,650/month NNN

Lease Term: 5 years with renewal options

Escalations: 3% annually

Tenant Guarantee: Personally guaranteed lease

Total Building Size: ±5,471 SF across two buildings (823 & 827 Hwy 138)

Lot Size: ±0.83 Acres

Zoning: GB (Clayton County)

Tenant Profile:
The tenant operates multiple locations across Georgia and provides high-end salon suites for independent beauty professionals. Each suite is equipped with premium features including ionic dryers, shampoo backwash systems, Wi-Fi, and HDTV. Their proven business model generates recurring revenue through daily, weekly, and monthly suite rentals.

This offering represents a secure, passive investment backed by a resilient service-sector tenant and a personal guarantee, ensuring financial strength and commitment from ownership.

Tours are by appointment only, please do not disturb tenant

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $1,411,058 CAD
Price / SF $257.92 CAD / SF
Sale Condition Sale Leaseback
Cap Rate 9%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 5,471 SF
Total Land Area 1.65 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
823 Highway 138, Riverdale, GA 30296 Retail 4,013 SF 1968 -
827 Highway 138 SW, Riverdale, GA 30296 Retail 1,458 SF 1968 -
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  • Listing ID: 35186933

  • Date on Market: 2025-05-07

  • Last Updated:

  • Address: NNN Sale Leaseback Investment, Riverdale, GA

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