Hardees

Retail

630 Buford Dr. Lawrenceville, GA
Price:
$ 2
Property Size:
2 sqft
Cap Rate:
5.75
NOI:
$ 156
Lot Size:
1.29 acres
Year Built:
2013
Status:
Sale

LONG-TERM ABSOLUTE NNN LEASE
The Subject Property is operating under a long-term 20-year lease with approximately 13 years remaining on the primary term. Additionally, this property is encumbered by a true Absolute NNN lease wit h zero obligations for the Landlord.

PRIMARY TERM RENTAL INCREASES
There are scheduled 7.5% rental increases every five years throughout the lease term, including all option periods.

STRONG ATLANTA MSA LOCATION
Lawrenceville is a bustling suburb of Northeast Atlanta that is showing year-over-year growth. Within 3-miles the population is 70,000 and t here are over 22,000 households.

EXCEPTIONALLY STRONG OPERATOR
This unit is 100% leased to an exceptionally strong franchisee, who operates a high number of Hardee’s, Taco Bell, Dunkin Donuts, and Pizza Hut locat ions throughout 10 different states.

ROBUST PERSONAL GUARANTY
In addition to the unit’s strong operator/franchisee, the lease boasts an exceptionally strong personal Guarantee. Please inquire with Broker for details.

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The information contained herein has been obtained from sources deemed reliable or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

Exclusive Listing

D. Andrew Ragsdale, Esq.
Senior Managing Director
918.878.9535
Jerry Hopkins
Executive Managing Director
918.878.9536
Ken Hedrick
Executive Managing Director
918.878.9540

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