$3,456,000 USD
843-510-0551
761 Powder Springs St
Marietta, GA 30064
Southwest Marietta
HIGHLIGHTS
- 20-Year Absolute Triple Net lease With Rare Corporate Guaranty - Lease Will Commence at the Close of Escrow
- Lease Features 10% Rental Increases Every 5 Years, Ensuring Steady Income Growth
- The Property is Strategically Located at a Signalized Intersection on Powder Springs Street Which Sees Over 42,000 Vehicles Per Day
- Scooter's Coffee Was Founded in 1988 in Bellevue, Nebraska and Has Been in Business For More Than 20 Years; They Operate 900+ Locations
- Nearby Tenants Include: Westside Shopping Center, Powder Springs Strip Center, Dollar Tree, QuikTrip, Firestone, Popeyes, KFC, and Advance Auto Parts
OVERVIEW
Sands Investment Group Is Pleased to Exclusively Offer For Sale the 702 SF Scooter's Coffee Located at 761 Powder Springs Street in Marietta, GA. This Deal Includes a Corporate Guaranteed Absolute Triple Net (NNN) Investment With Zero Landlord Responsibilities. A 20-Year Lease With 10% Increases Every 5 Years Will Commence at the Close of Escrow, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619
FOR SALE DETAILS
PRICE
$3,456,000 USD
PRICE/SF
$1,258 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Scooter's Coffee - Marietta, GA
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
ADD'L SUBTYPES
Fast Food, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
22
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,117 SF
ZONING
Office and Industrial
APN/PARCEL ID
17-0148-0-029-0
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843-510-0551
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