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20701930
20701931

2533 Wesley Chapel Rd, Decatur, GA 30035

AG
CA CA 01895830
CIRE Partners
AS
CA 01746250
CIRE Partners
Listed by CIRE Partners
$3,400,000
8 days on market
Updated 8 days ago

STNL Krispy Kreme | Corp Lease | Absolute NNN

Details
APN 15-126-02-001
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,671
Net Rentable (SqFt) 2,671
Cap Rate 5.85%
NOI $198,763
Occupancy 100%
Tenancy Single
Brand/Tenant Krispy Kreme
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 12/08/2034
Remaining Term 8.4
Rent Bumps Yes
Lease Options Four (4) - Five (5) Year
Price per SqFt $1,273
Broker Co-Op Yes
Year Built 2014
Acreage 0.650
Zoning C-1
Parking Spaces 19 spaces
Parking per 1,000 SqFt 7.11
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/09/2014
Ground Lease No
Ownership Fee Simple

Rare Fee Simple Abs. NNN Krispy Kreme Corp Backed Lease

Investment highlights

DURABLE CASH FLOW AND FIXED RENT INCREASES: There are currently over 8 years remaining on the corporate guaranteed lease followed by four (4), 5-year renewal options, featuring fixed rent increases every 5 years throughout the base lease term and renewal option periods, providing a future owner with additional cash flow and return on investment, along with hedge against inflation.

PASSIVE OWNERSHIP ASSET EASY TO MANAGE: Tenant operates under an absolute NNN lease with no landlord responsibilities, insulating a buyer from potential increases in capital expenditures and operating expenses.

CORPORATE LEASE GUARANTY: The lease is corporately guaranteed by Krispy Kreme Doughnut Corporation, a publicly traded company (Nasdaq : DNUT) and nationally recognized brand with over 1,400 locations.

INCREASING SYSTEM-WIDE SALES: $1.74 billion in revenue for the TTM ending mid-2024, a steady increase from previous years, $1.7 billion in 2023 and $1.52 billion in 2022.

HUB-AND-SPOKE / FACTORY LOCATION: Annual average net sales of $4.9 million per unit for “hub-and-spoke” locations.

PROVEN LOCATION: Krispy Kreme has ±10 years of successful operating history at this location.

SIGNALIZED HARD CORNER: Strategically positioned at the signalized hard-corner of Wesley Chapel Rd and Snapfinger Wood Dr (±69,000 ADT combined), the property is highly visible and easily accessible, and is in close proximity to I-20 (±194,000 ADT).

E-COMMERCE AND RECESSION-RESISTANT TENANT: QSR properties are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.

TOP RANK ECONOMIC STATE: Rich States, Poor States ranked Georgia as the number 9 state for its economic performance in 2024.

Listing Contacts

AG
CA CA 01895830
CIRE Partners
AS
CA 01746250
CIRE Partners
Listed by CIRE Partners

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$198,763.00
$16,563.58/mo

Valuation Metrics

0
DSCR
5.85%
Cap Rate
5.85%
ROI

Map

Zoning

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C-1 CommercialNeighborhood CommercialLocal Commercial
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Last updated Feb 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
DPJRE LLC, Donald L Plunkett
License
76435 (GA)
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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