2686 Hamilton Mill Rd - Fast Food FOR SALE


Buford, GA 30519- Duluth
$4,412,000 USD
480-221-4221
2686 Hamilton Mill Rd, Buford, GA for Sale
$4,412,000 USD
Fast Food - FOR SALE
1/8
null | 5.1% Cap Rate

2686 Hamilton Mill Rd
Buford, GA 30519
Duluth


HIGHLIGHTS

  • Brand New 15-Year Lease | Corporate Guaranteed | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Hamilton Mill (206,000 SF) | Drive-Thru Equipped |Hamilton Creek (204,000 SF) | Primary Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Whataburger investment property located in Buford, Georgia. The tenant, Whataburger Restaurants, LLC recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$4,412,000 USD

PRICE/SF

$1,479 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger | Corp New 15yr Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

C2

APN/PARCEL ID

1-001-791

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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