7 BREW COFFEE W/ DUAL DR-THRU | 15 YEAR NNN | 3253 Stone Mountain Hwy
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7 BREW COFFEE W/ DUAL DR-THRU | 15 YEAR NNN 3253 Stone Mountain Hwy
510 SF Retail Building Snellville, GA 30078 $2,847,000 ($5,582/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 15 Year NNN Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options.
- Positioned Along Area’s Retail & Traffic Corridor: Features Easy Access & Excellent Visibility along US-78 / Stone Mountain Hwy.
- Densely Populated and Affluent Atlanta Suburb: Average Household Income of $105k+ and over 176k People Residing within a 5-Mile Radius.
- Brand New High Quality Construction w/ Dual Drive-Thru.
- Highly Experienced Operator with 65 Franchise / Business Locations including Sports Clips, Pet Supplies Plus, Prime IV, Red Phone Booth & more.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
EXECUTIVE SUMMARY
Seven Brew Coffee w/ Dual Drive-Thru | 15 Year NNN Lease | Blackstone Recently Invested in 7-Brew and Seeks to Help Rapidly Expand the Concept | Brand New 2024 Construction | Immediate Area Experiencing Major Growth | Affluent Atlanta Suburb: $105k+ Avg. HHI | Along US-78 / Stone Mountain Hwy | Minutes from 310-Bed Medical Center
Georgia Broker of Record: John Leonard | 1100 Abernathy Rd., N.E. Bldg. 500, Ste. 600, Atlanta, GA 30328 | P: (678) 808-2700 | Lic #: 252904 | John.Leonard@MarcusMillichap.com
Georgia Broker of Record: John Leonard | 1100 Abernathy Rd., N.E. Bldg. 500, Ste. 600, Atlanta, GA 30328 | P: (678) 808-2700 | Lic #: 252904 | John.Leonard@MarcusMillichap.com
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
510 SF
Building Class
B
Year Built
2024
Price
$2,847,000
Price Per SF
$5,582
Cap Rate
7%
NOI
$199,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
0.90 AC
Zoning
MUR
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- 7-Brew Coffee
- Retailer
- 510 SF
- -
- Triple Net
- Jun 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| 7-Brew Coffee | Retailer | 510 SF | - | Triple Net | Jun 2039 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6-051-454 | Improvements Assessment | $0 |
| Land Assessment | $94,080 | Total Assessment | $94,080 |
PROPERTY TAXES
Parcel Number
6-051-454
Land Assessment
$94,080
Improvements Assessment
$0
Total Assessment
$94,080
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7 BREW COFFEE W/ DUAL DR-THRU | 15 YEAR NNN | 3253 Stone Mountain Hwy
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