1840 Cruse Rd - Fast Food FOR SALE


Lawrenceville, GA 30044
$2,755,000 USD
617-865-1145
1840 Cruse Rd, Lawrenceville, GA for Sale
$2,755,000 USD
Fast Food - FOR SALE
1/3
null | 6% Cap Rate

1840 Cruse Rd
Lawrenceville, GA 30044


HIGHLIGHTS

  • Absolute NNN Structure (No Landlord Responsibilities) | Built-In Rent Growth
  • Tenant Commitment | 20 Year Extension | Long-Term Confidence
  • Recent Capital Investment | 2019 Renovation
  • Immediate Access to I-85 | Regional Connectivity (~200K+ VPD Influence)
  • Strong Atlanta/Gwinnett Location
  • Established Trade Area Fundamentals

OVERVIEW

Surmount is pleased to present the exclusive listing for a Burger King located at 1840 Cruse Road Northwest, Lawrenceville, GA 30044. The site consists of roughly 4,035 rentable square feet of building space on an estimated 1.14-acre parcel of land. Burger King is subject to a 15 year lease that commenced in 2003 and was extended by 20 years in 2019, resulting in a current lease expiration date of 12/31/39. The current annual rent is $165,309 and has scheduled increases of 5.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$2,755,000 USD

PRICE/SF

$683 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

AA012

APN/PARCEL ID

7-036-082

ASK ABOUT THIS PROPERTY

Josh KanterSurmountMore Info
617-865-1145

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

Josh KanterSurmountMore Info
617-865-1145

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