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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31251033
31252543

1947 Scenic Hwy N, Snellville, GA 30078

MB
GA 385824
SRS Real Estate Partners Atlanta
Listed by SRS Real Estate Partners Atlanta
$2,080,000
22 days on market
Updated 22 days ago

Caribou Coffee - Snellville GA

Details
APN R5040 203
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 782
Cap Rate 6.25%
NOI $130,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 08/12/2035
Remaining Term 9.2
Rent Bumps Yes
Lease Options 3 (5-Year)
Broker Co-Op Yes
Class A
Year Built 1993
Year Renovated 2025
Buildings 1
Stories 1
Acreage 0.550
Zoning BG: General Business
Parking Spaces 10 spaces
Parking Per SqFt 12.79
Investment Type Net Lease
Lease Commencement 08/13/2025
Ownership Fee Simple

Retail | 6.25% CAP | 782 SqFt

Investment highlights

  • Brand New 10-Year Lease | 12.5% Rental Increases | Corporate Signed | Well-Known & Established Brand

  • Absolute NNN Lease | Fee Simple Ownership | No Landlord Responsibilities

  • Presidential Markets | Presidential Commons

  • Off Signalized Intersection | High Traffic Corridors | Surrounding Employers | Drive-Thru Equipped Building

  • Direct Consumer Base | Atlanta MSA | Strong Demographics In The Immediate Trade Area

Listing Contacts

MB
GA 385824
SRS Real Estate Partners Atlanta
Listed by SRS Real Estate Partners Atlanta

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$130,000.00
$10,833.33/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Michael Berk
License
GA License No. 82412
Brokerage
SRS National Net Lease Group LP
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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