120 GA-138 Retail
  • Asking Price
    $1.2MAsking Price
  • Gross Leasable Area
    2,500 SFGross Leasable Area
  • Built
    1988Built
  • City
    StockbridgeCity

Description

We are pleased to offer Krispy Kreme Doughnut at 120 GA-138 in Stockbridge, Georgia, for sale at $1,200,000. The property totals approximately 2,500 SF and was built in 1988.

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 include: Below market rent; Leased to Krispy Kreme Doughnut Corporation, a nationally recognized and established doughnut and coffee brand with a strong retail presence; 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; 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; 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; 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.

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

Elliott Kyle and Chase Murphy of Skyline Seven Real Estate represent this offering. We welcome inquiries and are glad to share additional property information, photos and terms on request. Please contact us to discuss the opportunity or arrange a tour.

Offering Summary

  • Asking Price
    $1,200,000
  • Property Type
    Retail
  • Size
    2,500 SF
  • Built
    1988

Documents

Property Address

120 GA-138
Stockbridge, GA 30281

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    2,500 SF
  • Year Built
    1988

Deal Team

Elliott Kyle profile image

Elliott Kyle

Senior Vice President | Partner
Skyline Seven Real Estate
Chase Murphy profile image

Chase Murphy

Senior Vice President | Partner
Skyline Seven Real Estate