2533 Wesley Chapel Rd - Restaurant FOR SALE


Decatur, GA 30035
$3,550,000 USD
858-900-3112
2533 Wesley Chapel Rd, Decatur, GA for Sale
$3,550,000 USD
Restaurant - FOR SALE
1/5
null | 5.6% Cap Rate

2533 Wesley Chapel Rd
Decatur, GA 30035


OVERVIEW

SECURE CASH FLOW AND FIXED RENT INCREASES There are currently ±9 years remaining on the corporate guaranteed lease followed by four (4), 5-year renewal options, featuring fixed rent increases every 5 years throughout the base lease term and renewal option periods, providing a future owner with additional cash flow and return on investment, along with hedge against inflation. PASSIVE OWNERSHIP ASSET EASY TO MANAGE Tenant operates under an absolute NNN lease with no landlord responsibilities, insulating a buyer from potential increases in capital expenditures and operating expenses. CORPORATE LEASE GUARANTY The lease is corporately guaranteed by Krispy Kreme Doughnut Corporation, a publicly traded company (Nasdaq : DNUT) and nationally recognized brand with over 1,400 locations. INCREASING SYSTEM-WIDE SALES $1.74 billion in revenue for the TTM ending mid-2024, a steady increase from previous years, $1.7 billion in 2023 and $1.52 billion in 2022. HUB-AND-SPOKE / FACTORY LOCATION Annual average net sales of $4.9 million per unit for “hub-and-spoke” locations. PROVEN LOCATION Krispy Kreme has 10+ years of successful operating history at this location. SIGNALIZED HARD CORNER Strategically positioned at the signalized hard-corner of Wesley Chapel Rd and Snapfinger Wood Dr (±69,000 ADT combined), the property is highly visible and easily accessible, and is in close proximity to I-20 (±194,000 ADT). E-COMMERCE AND RECESSION-RESISTANT TENANT QSR properties are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties. TOP RANK ECONOMIC STATE Rich States, Poor States ranked Georgia as the number 9 state for its economic performance in 2024. Broker of Record Donald L. Plunkett, Jr. 480.621.0009 donnieplunkett@gmail.com GA License #76435

FOR SALE DETAILS

PRICE

$3,550,000 USD

PRICE/SF

$1,329 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Krispy Kreme Factory Location

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

C1

APN/PARCEL ID

15-126-02-001

ASK ABOUT THIS PROPERTY

Arbi GoceCIRE PartnersMore Info
858-900-3112

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Arbi GoceCIRE PartnersMore Info
858-900-3112

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