9500 Hwy 92 - Fast Food FOR SALE


Woodstock, GA 30188 | 
$2,080,000 USD
470-344-2586
9500 Hwy 92, Woodstock, GA for Sale
$2,080,000 USD
Fast Food - FOR SALE
1/12
null | 6.25% Cap Rate

9500 Hwy 92
Woodstock, GA 30188


HIGHLIGHTS

  • 9+ Years Remaining | 12.50% Rental Increases | Corporate Signed | Well-Known & Established Brand
  • Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
  • Direct Consumer Base | Atlanta MSA | Strong Demographics in The Immediate Trade Area
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Apartments
  • Located At Signalized Hard Corner Intersection | U.S. Highway 575 | Drive-Thru Equipped Building

OVERVIEW

• The tenant, Caribou Coffee Operating Company Inc., has 9+ years remaining with 3 (5-year) options to extend, demonstrating their commitment to the site • The lease features a 12.50% rental increase during year 6 of the initial term and at the beginning of each option period, growing NOI and hedging against inflation • The lease is signed by the corporate entity • Caribou Coffee is a well-known and established coffee chain with more than 800 coffeehouses worldwide

FOR SALE DETAILS

PRICE

$2,080,000 USD

PRICE/SF

$3,010 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

GC

APN/PARCEL ID

015N12-00000-086-00A-0000

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.