Krispy Kreme | 2533 Wesley Chapel Rd
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Krispy Kreme 2533 Wesley Chapel Rd
2,671 SF Retail Building Decatur, GA 30035 $5,634,443 CAD ($2,109 CAD/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
Property Subtype
Restaurant
Building Size
2,671 SF
Building Class
B
Year Built
2014
Price
$5,634,443 CAD
Price Per SF
$2,109 CAD
Cap Rate
5%
NOI
$281,741 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.70 AC
Zoning
C1 - Central Business District
Parking
19 Spaces (7.11 Spaces per 1,000 SF Leased)
Frontage
72 ft on Wesley Chapel Road
Amenities
- Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 15-126-02-001 | Improvements Assessment | $940,910 CAD |
Land Assessment | $394,216 CAD | Total Assessment | $1,335,126 CAD |
PROPERTY TAXES
Parcel Number
15-126-02-001
Land Assessment
$394,216 CAD
Improvements Assessment
$940,910 CAD
Total Assessment
$1,335,126 CAD
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Krispy Kreme | 2533 Wesley Chapel Rd
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