2533 Wesley Chapel Rd
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2533 Wesley Chapel Rd
2,671 SF Retail Building Decatur, GA 30035 $3,975,000 ($1,488/SF) 5% Cap Rate
Investment Highlights
- Over 10 years remaining on the corporate guaranteed lease
- Lease is corporately guaranteed by Krispy Kreme Doughnut Corp.
- Strategically positioned at the signalized hard-corner with approx. 70k cars daily
- Absolute NNN lease with no landlord responsibilities
- Annual average net sales of $4.9 million per unit for “hub-and-spoke” locations.
- E-commerce and recession-resistant tenant
Executive Summary
Broker of Record: DPJRE LLC, Donald L Plunkett
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,671 SF
Building Class
B
Year Built
2014
Price
$3,975,000
Price Per SF
$1,488
Cap Rate
5%
NOI
$198,763
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
0.70 AC
Zoning
C1
Parking
19 Spaces (7.11 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 15-126-02-001 | Improvements Assessment | $674,657 |
| Land Assessment | $282,663 | Total Assessment | $957,320 |
PROPERTY TAXES
Parcel Number
15-126-02-001
Land Assessment
$282,663
Improvements Assessment
$674,657
Total Assessment
$957,320
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Arbi Goce -
Andrew Slade -
CIRE Partners
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2533 Wesley Chapel Rd
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