3300 Buford Dr - Fast Food FOR SALE


Buford, GA 30519- Duluth
$4,329,000 USD
404-823-6748
3300 Buford Dr, Buford, GA for Sale
$4,329,000 USD
Fast Food - FOR SALE
1/7
null | 4.7% Cap Rate

3300 Buford Dr
Buford, GA 30519
Duluth


HIGHLIGHTS

  • One of the Fastest-Growing Restaurant Chains in the U.S. | $3 Billion+ Company
  • Absolute NNN Ground Lease with Attractive Rent Increases
  • Across from Mall of Georgia in Dense Retail Corridor
  • Signalized Entrance/Exit Across from Mall of Georgia/Target-Anchored Center
  • Short Drive to Coolray Field Development, The Exchange at Gwinnett & Northside Medical - Buford
  • Affluent Demographics

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire a ground lease interest in a single-tenant Raising Cane’s located at 3300 Buford Drive, Buford, GA 30519 (the “Property”). The Property is 100% occupied by Raising Cane’s (the “Tenant”) who is operating under an absolute net lease that expires in June 2037, with four 5-year renewal options. With attractive 10% rent increases, the absolute net lease structure provides for a passive, secure investment with zero Landlord responsibilities. The Property consists of ±1.06 acres and a 2,958-square-foot freestanding, quick-service, double drive-thru restaurant that was built-to-suit in 2023 to the Tenant’s specifications.

FOR SALE DETAILS

PRICE

$4,329,000 USD

PRICE/SF

$1,463 USD /SF

CAP RATE

4.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Raising Cane's (Ground Lease)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

C2, County

APN/PARCEL ID

7-176-082

ASK ABOUT THIS PROPERTY

Jason LongNorthmarqMore Info
404-823-6748

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Jason LongNorthmarqMore Info
404-823-6748

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