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 $3,999,124 CAD ($7,841 CAD/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
$3,999,124 CAD
Price Per SF
$7,841 CAD
Cap Rate
7%
NOI
$279,953 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Land Acres
0.90 AC
Zoning
MUR
PROPERTY TAXES
Parcel Number | 6-051-454 | Improvements Assessment | $0 CAD |
Land Assessment | $131,262 CAD | Total Assessment | $131,262 CAD |
PROPERTY TAXES
Parcel Number
6-051-454
Land Assessment
$131,262 CAD
Improvements Assessment
$0 CAD
Total Assessment
$131,262 CAD
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7 BREW COFFEE W/ DUAL DR-THRU | 15 YEAR NNN | 3253 Stone Mountain Hwy
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