2705 Cobb Pky NW - Restaurant FOR SALE


Kennesaw, GA 30152- Downtown Kennesaw
$2,435,000 USD
470-344-2586
2705 Cobb Pky NW, Kennesaw, GA for Sale
$2,435,000 USD
Restaurant - FOR SALE
1/6
null | 5.75% Cap Rate

2705 Cobb Pky NW
Kennesaw, GA 30152
Downtown Kennesaw


HIGHLIGHTS

  • Brand New 10-Year Lease | Scheduled Rental Increases | Growing Brand
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby School | Cobb County International Airport
  • Near Signalized, Hard Corner | Excellent Visibility
  • Strong Demographics within 10-mile Trade Area | Six-Figure Incomes

OVERVIEW

• The tenant just recently signed a 10-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging against inflation • Caribou Coffee serves high-quality handcrafted beverages and crave-worthy food in more than 800 coffeehouses worldwide

FOR SALE DETAILS

PRICE

$2,435,000 USD

PRICE/SF

$663 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caribou Coffee - Atlanta (Kennesaw) GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

HGB

APN/PARCEL ID

20-0166-0-052-0

ASK ABOUT THIS PROPERTY

Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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