3389 NW Busbee Dr - Restaurant FOR SALE


Kennesaw, GA 30144
$3,060,067 USD
703-477-1315
3389 NW Busbee Dr, Kennesaw, GA for Sale
$3,060,067 USD
Restaurant - FOR SALE
1/6
null | 5.75% Cap Rate

3389 NW Busbee Dr
Kennesaw, GA 30144


HIGHLIGHTS

  • Excellent Performer with Strong Sales and a Low Rent-to-Sales Ratio
  • Ranks Among 9% of Cracker Barrel Nationwide & #2 out of 47 Cracker Barrel locations in Georgia
  • Situated Between 2 Major Interstates - I-75 (140,000 VPD) & I-575 (101,000 VPD)

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 9,840-square-foot Cracker Barrel Old Country Store situated on 1.88 acres in Kennesaw, Georgia (MSA Population: 6.4 M). Cracker Barrel's absolute NNN lease features ±15.0 years of primary term remaining with 1% annual rent increases throughout the remainder of the term and in each of the ten, 5-year renewal options.

FOR SALE DETAILS

PRICE

$3,060,067 USD

PRICE/SF

$320 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cracker Barrel: Kennesaw, GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

146

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,892 SF

ZONING

-

APN/PARCEL ID

16-0432-0-006-0

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

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