Sam's Club, Clairmont Rd, Atlanta, GA

2901 Clairmont Road, Atlanta, GA 30329

  • For Sale $16,895,000
  • Property Type Retail - Freestanding
  • Property Size 128,776 SF
  • Units 1
  • Lot Size 22.1 Acre
  • Property Tenancy Single Tenant
  • Year Built 1999
  • Date Updated Dec 21, 2023
The asset is located at the Northeast corner of I-85 and Clairmont Road, within Chamblee City Limits, Dekalb County, GA approximately 10 miles northeast of downtown Atlanta, GA.Sam's Club leasehold asset subject to a ground lease. Asset consists of a 22.1 acre ground leased site improved with a Sam's Club Store with a Sam's fuel center. The lease to Sam's Club lease has 5 years remaining on the current term with 6 five-year renewal options through July 4, 2055. The land lease has 5 years remaining on the current term with 3 ten-year renewal options through July 4, 2055. Sam's Club pays all expenses except for the land lease. The asset has an assumable loan with a balance of $10,144,000 at 4.77%, 30-year amortization, 10-year Maturity, with a 1% assumption fee. The loan may be paid off with no penalty on the 10-year maturity date (1/6/2028).

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Attachments

Highlights

  • Sam's Club Net-Leased Leasehold Improvement
  • $1,219,705 NOI
  • 7.5% IRR
  • 7.22% Cap rate
  • $10,144,000 Assumable loan
  • 7.98% cash-on-cash return
  • Walmart Stores, Inc. Guarantee
  • Current term through 5/31/2026
  • Sam's lease can be extended through 7/4/2055
  • Ground lease can be extended through 7/4/2055
  • Long-standing, top-performing store
  • Visible and convenient to I-85 (218,000 AADT)
  • Assumable loan $10,144,000 @ 4.77%
  • Loan may be paid off with on penalty (1/6/2028)

Contacts

broker

John Johnson

SVN | Interstate Brokers

(404) 303-1232

Location

Getting Around

  • Walk Score ®

    36/100 Car-Dependent
  • Bike Score ®

    35/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Atlanta, GA
  • Neighborhood Frontier Woods
  • Zip Code 30329
  • Market Atlanta

Points of Interest

  • Brookhaven

    2.02 miles

  • Lenox

    2.68 miles

  • Chamblee

    3.11 miles

  • Buckhead

    3.31 miles

  • Lindbergh Center

    3.62 miles

  • Doraville

    4.54 miles

  • Decatur MARTA Swanton Entrance

    4.78 miles

  • Decatur

    4.79 miles

  • Decatur MARTA Sycamore Entrance

    4.80 miles

  • Avondale

    4.96 miles

  • Sam's Club

    0.09 miles

  • BP

    0.18 miles

  • QuikTrip

    0.40 miles

  • Shell

    0.87 miles

  • Shell

    1.00 miles

  • QuikTrip

    1.07 miles

  • QuikTrip

    1.30 miles

  • Citgo

    1.38 miles

  • QuikTrip

    1.50 miles

  • Chevron

    1.54 miles

  • Brookhaven Station Park & Ride

    1.93 miles

  • Clairmont Presbyterian Church

    1.97 miles

  • Lenox MARTA Station Park and Ride

    2.46 miles

  • Regal Hollywood 24

    2.72 miles

  • L5

    2.84 miles

  • D2

    2.84 miles

  • Lavista Walk Garage

    2.86 miles

  • D1

    2.88 miles

  • D3B

    2.90 miles

  • L3

    2.91 miles

  • Mykonos Taverna

    0.07 miles

  • McDonald's

    0.13 miles

  • Waffle House

    0.19 miles

  • Popeyes

    0.33 miles

  • Desta Ethiopian Kitchen

    0.34 miles

  • IHOP

    0.41 miles

  • Subway

    0.89 miles

  • Papa John's

    0.90 miles

  • El Potro

    0.91 miles

  • Popeyes

    0.93 miles

  • Kroger

    0.89 miles

  • dd's Discounts

    0.92 miles

  • ALDI

    1.07 miles

  • Target

    1.24 miles

  • Mercado Fresco

    1.37 miles

  • Ross

    1.40 miles

  • Loehmann's Shopping Plaza

    1.59 miles

  • Lidl

    1.62 miles

  • Savi Provisions

    1.76 miles

  • Kroger

    1.88 miles

Frequently Asked Questions

What is the lease rate for Sam's Club, Clairmont Rd, Atlanta, GA?

Rental asking rate at Sam's Club, Clairmont Rd, Atlanta, GA is $8,447,500.00/YR.

What is the total square footage of Sam's Club, Clairmont Rd, Atlanta, GA?

Sam's Club, Clairmont Rd, Atlanta, GA totals 128,776 square feet.

When was this property built?

Sam's Club, Clairmont Rd, Atlanta, GA was built in 1999.

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Contact Listing Broker

broker

John Johnson

SVN | Interstate Brokers

(404) 303-1232