What is the asking price for Krispy Kreme Doughnut?

The lease rate for space here is Contact for pricing.

What type of property tenancy can you find at Krispy Kreme Doughnut?

This property is listed as Single Tenant.

What is the total size of Krispy Kreme Doughnut?

The property has a total square footage of 5,214 SF.

When was this property built?

Krispy Kreme Doughnut was built in 1988.

How many parking spaces are available at Krispy Kreme Doughnut?

Parking information for the property isn't currently listed. However, other nearby parking options include Stockbridge Park & Ride, located 1.00 miles away , and Maddox Parking, which is 3.07 miles away.

120 GA-138, Stockbridge, GA 30281

For Sale $1,200,000
Property Type Retail - Street Retail
Property Size 5,214 SF
Lot Size 1.04 Acre
Property Tenancy Single Tenant
Year Built 1988
Date Updated Sep 3, 2026

Description

The property is strategically located along Highway 138 in Stockbridge, Georgia, one of Henry County’s primary commercial corridors. The surrounding area features a strong mix of national retailers, restaurants, service businesses, and established residential communities, supporting consistent consumer activity and demand. The location benefits from strong visibility, convenient access, and connectivity to I-675, providing efficient access throughout Stockbridge, Henry County, and the greater Atlanta metropolitan area. The property also serves a densely populated South Atlanta trade area supported by continued residential growth and strong demographic fundamentals.120 GA-138 is a freestanding Krispy Kreme Doughnut Shop developed in 2014 as a purpose-built drive-thru restaurant. The property occupies a signalized corner site at Highway 138 and Daniel Drive and has operated continuously under the Krispy Kreme brand. The property is subject to a long-term Absolute NNN ground lease, providing a passive ownership structure with minimal landlord responsibilities and contractual rental growth. The established corporate tenancy and purpose-built improvements provide a stable foundation for continued restaurant operations.

Highlights

1.04-acre signalized corner parcel at Highway 138 and Daniel Drive, providing excellent visibility and convenient access.
2,500-square-foot drive-thru restaurant constructed in 2014 and purpose-built for efficient quick-service operations.
Below market rent
Ground lease currently through March 31, 2029, with three remaining five-year renewal options, 5% rent increases at each option period, and potential lease term through March 2044.
Highly visible location along Highway 138 with approximately 39,200 vehicles per day, positioned within a major commercial corridor serving Stockbridge and the surrounding Henry County market.
Leased to Krispy Kreme Doughnut Corporation, a nationally recognized and established doughnut and coffee brand with a strong retail presence.
Strong and growing trade area with approximately 60,290 residents within 3 miles and 133,720 residents within 5 miles, supported by average household incomes of approximately $85,700 and $90,700, respectively.