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2410 S Cobb Dr SE
Smyrna, GA 30080
Caribou Coffee · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 10-Year Lease | Scheduled Rental Increases | Growing Brand
- Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Schools
- Strong Demographics in 5-mile Trade Area | Six-Figure Incomes
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Signalized, Hard Corner Intersection | Brand New Construction | Excellent Visibility & Access
EXECUTIVE SUMMARY
• The tenant just recently signed a 10-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 12.50% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging against inflation
• Caribou Coffee serves high-quality handcrafted beverages and crave-worthy food in more than 800 coffeehouses worldwide
• The lease features 12.50% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging against inflation
• Caribou Coffee serves high-quality handcrafted beverages and crave-worthy food in more than 800 coffeehouses worldwide
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
720 SF
Building Class
B
Year Built
2025
Price
$3,254,968 CAD
Price Per SF
$4,520.79 CAD
Cap Rate
5.50%
NOI
$178,996 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.55 AC
Zoning
GC - General Commercial
Parking
12 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 17-0346-0-025-0 | Improvements Assessment | $67,854 CAD |
| Land Assessment | $239,555 CAD | Total Assessment | $307,410 CAD |
PROPERTY TAXES
Parcel Number
17-0346-0-025-0
Land Assessment
$239,555 CAD
Improvements Assessment
$67,854 CAD
Total Assessment
$307,410 CAD
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