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Virtual Drive-By

Tim Hortons Absolute NNN

6510 Tara Blvd · Jonesboro, GA 30236 · QSR / Restaurant

Asking price
$1,565,000
Cap rate
5.75%
NOI
$90,000

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Lease

Lease typeAbsolute NNN
Term remaining
Expiration
Rent bumps10% increases every 5 years
OptionsTwo 5-year options
Ground leaseNo
Credit profileFranchisee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF1,800
Price / SF$869
Year built1978
Lot size0.83 ac
TypeRestaurant, QSR/Fast Food
Days on market789

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​New construction to be completed in the 3rd quarter of 2024
  • ​15 year absolute NNN lease - 10% increases every 5 years with two 5-year options
  • ​Tim Hortons is aggressively expanding in Georgia
  • ​Tim Hortons is one of the fastest growing QSR brands in the world with 5,353 existing locations
  • ​Sale leaseback with a strong franchisee- Operates Popeye's, Tim Hortons, Checkers, & Moe's
  • ​Well located on Tara Blvd. with high traffic counts of 35,000+ cars per day passing
  • ​200,000+ people living within a 5 mile radius with an excellent average household income in a 1 mile radius of $55,915

Property overview

This investment opportunity offering is an excellent opportunity to acquire newly developed free-standing Tim Hortons, located in Jonesboro, Georgia.​ This location comes with a new 15 year NNN lease with Tim Hortons that includes 10% increases every 5 years, and two 5-year options.​ The franchisee is based in Atlanta, and currently operates Popeyes, Tim Hortons, Moe's, & Checkers locations.​ Tim Hortons is one of the fastest growing QSR brands in the world, and this is an ideal location for the restaurant.​

Morrow is a city in Clayton County, Georgia and part of the Atlanta Metropolitan Area.​ Located approximately 15 miles to the south of downtown Atlanta, the city is bordered by Lake City to the north and Forest Park to the northwest.​ Clayton State University, part of the University System of Georgia, is located across I-75 to the north of the property occupying 192 aces with more than 7,000 students enrolled.​ The Southern Regional Medical Center (a 331 bed hospital)is located just to the west of the property.​ Morrow is also located roughly 6 miles from Hartsfield-Jackson Atlanta International Airport one of the busiest airports in the world

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Asking-market observation aggregated from public listing sources, last observed Sep 4, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.