Historical Retail Sale Listing - Atlanta NNN Investment (7.5% Cap)

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Atlanta NNN Investment (7.5% Cap)

3330 Camp Creek Pkwy, Atlanta, GA 30344

N/A

5,629 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
5,629 SF
Property Type:
Retail
Property Sub-type:
Restaurant
Property Use Type:
Net Lease Investment with
10+ years left on lease
Commission Split:
4%
Cap Rate:
7.50%
Occupancy:
100%
Tenancy:
Single
Year Built:
2003
Lot Size:
74,052 SF
Listing ID
15604534
Last Updated
over 1 year ago

Description

Bull Realty Incorporated is pleased to offer this attractive single tenant NNN leased Johnny Carino' s in one of Atlanta' s fastest growing corridors. The property offers a strong cash flow and excellent appreciation potential in a booming local market neighboring our nation' s busiest airport, Hartsfield Jackson Atlanta International. The lease, which runs through 2018, provides a cap rate of 7.5% at $4,160,000 and has 1% annual rent increases.

This highly visible location is on the corner of the I-285 and Camp Creek Parkway intersection with a traffic count exceeding 130,000 cars daily. Great location in front of a major Target Shopping Center and is neighbored by Red Lobster. Other national retailers in the area include Target, Lowe' s, Pier One Imports, Barnes & Noble, Staples, Linens -N- Things, Ross, Marshalls, Old Navy, FedEx Kinkos, Petsmart, Bank of America, Wachovia, Suntrust and more. Local national restaurants include Johnny Carino' s, Red Lobster, Ruby Tuesday, Chick-Fil-A, LongHorn Steakhouse and Chili' s.

On the corner of the I-285 & Camp Creek Pkwy intersection.

Map of 3330 Camp Creek Pkwy, Atlanta, GA 30344 (Fulton County)

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Created 3/10/2008