Caribou Coffee for Sale in Kennesaw, GA
Kennesaw, GA
Key Investment Metrics
Price
$2,153,846
Cap Rate
6.0%
Net Operating Income
$140,000
Building Size
1466 SF
Remaining Term
10.0 years
Lease Expiration
12/31/2035
Lease Term
10 years
Lease Commencement
01/01/2026
Lease Type
NNN
Tenant Credit
Corporate Guarantee
Year Built
2001
Tenancy
Single
Rent Increases
10% every five years
Property overview
Caribou Coffee in Kennesaw
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 1,466 SF
- Year built
- 2001
- Lease type
- NNN
- Lease expiration
- 12/31/2035
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.