10800 Haynes Bridge Rd - Restaurant FOR SALE


Alpharetta, GA 30022
$7,143,000 USD
650-678-7200
10800 Haynes Bridge Rd, Alpharetta, GA for Sale
$7,143,000 USD
Restaurant - FOR SALE
1/5
null | 6.65% Cap Rate

10800 Haynes Bridge Rd
Alpharetta, GA 30022


HIGHLIGHTS

  • 20-year base term lease featuring 10% rental increases every 5 years
  • Corporate guaranty from tenant’s parent company – Lazy Dog Restaurants, LLC
  • Signalized hard corner location at heavily trafficked intersection – 53,000+ VPD
  • Exposed to 7.5 million annual visitors of North Point Marketplace and North Point Mall
  • Sprawling Atlanta suburb with numerous commercial and residential projects in development
  • Dense residential submarket – 206,0000 residents within a 5-mile radius of the subject property

OVERVIEW

A 20-year absolute net Lazy Dog lease featuring 10% rental increases every 5 years and four, 5-year extension options. The subject property is located at the signalized hard corner intersection of Haynes Bridge Road and North Point Parkway, a major retail thoroughfare along which two of the most visited shopping centers in Georgia are situated – North Point Marketplace (4.1M annual visits) & North Point Mall (3.4M annual visits).

FOR SALE DETAILS

PRICE

$7,143,000 USD

PRICE/SF

$717 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lazy Dog

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

OI

APN/PARCEL ID

12-2730-0755-045-0

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.