2705 Cobb Pky NW - Fast Food FOR SALE


Kennesaw, GA 30152- Downtown Kennesaw
$2,153,846 USD
949-633-2538
2705 Cobb Pky NW, Kennesaw, GA for Sale
$2,153,846 USD
Fast Food - FOR SALE
1/6
null | 6.5% Cap Rate

2705 Cobb Pky NW
Kennesaw, GA 30152
Downtown Kennesaw


HIGHLIGHTS

  • Corporate Guaranty: Caribou Coffee operates 494+ locations in the United States and over 800 locations worldwide
  • 2026 Grand Opening: New 10-Year Lease kicked off in January.
  • Rare Fee Simple Ownership: Qualifies investor for potential depreciation benefits
  • 10 Year NNN Lease: Tenant responsible for all operating expenses, taxes & insurance.
  • Landlord only responsible for roof & structure. 2025 full renovation includes a 20-year roof warranty that can be assigned to new landlord.
  • High-Barrier to Entry Publix anchored trade area walking distance from Downtown Kennesaw GA

OVERVIEW

GEORGIA BROKER OF RECORD ... JEREMY YARBROUGH ... License No. 62003 Faris Lee Investments is pleased to present the opportunity to acquire a drive-thru equipped Caribou Coffee property located in Kennesaw, Georgia, one of Atlanta’s fastest-growing and most affluent suburbs. The asset is secured by a new 10-year NNN lease backed by a corporate guaranty from Caribou Coffee, a globally recognized coffee brand operating more than 800 locations worldwide. The lease features 10% rental increases every five years, providing attractive inflation protection and growing cash flow. Strategically positioned within a high-performing Publix-anchored corridor along Cobb Parkway (42,500+ VPD), the property benefits from exceptional demographics, including 297,000 residents and average household incomes exceeding $131,000 within the trade area. The location is less than two miles from Kennesaw State University (51,000 students) and surrounded by more than 1,100 recently delivered Class A multifamily units, reinforcing long-term consumer demand. The offering includes rare fee simple ownership of both the land and improvements, providing long-term residual value and potential depreciation benefits. Backed by Caribou Coffee and its parent company, JAB Holding Company, this investment offers a compelling combination of durable cash flow, strong real estate fundamentals, and exposure to one of metro Atlanta’s most dynamic growth markets.

FOR SALE DETAILS

PRICE

$2,153,846 USD

PRICE/SF

$1,469 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caribou Coffee | NNN | Affluent ATL GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

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

Hunter SteffienFaris Lee InvestmentsMore Info
949-633-2538

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Hunter SteffienFaris Lee InvestmentsMore Info
949-633-2538

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