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Restaurant

Cozy Coop

2500 Barrett Creek Blvd, Marietta, GA 30066

Listing Price: $886,842

Cap Rate
5.70%
Tenant Name
Cozy Coop
Years Remaining On Lease
7.3
Gross SF
3,195
Guarantor
Private Guarantee
Rentable SF
3,195
Price/Gross SF
$277.57
Lease Type
Absolute Net
Rent Per Square Feet
$34.19

Investment Overview

Located in the thriving suburban community of Marietta located within the Atlanta MSA, this investment opportunity boasts 2% annual rent increases for the 7.4 years that remain on the original lease along with 10% increases upon execution of each of the 5 year extension options. This property was built in 2005 and had extensive rehab completed for the current tenant in 2022 with the tenant contributing over $300,000 to the rehab showing their commitment to the site.

Investment Highlights

  • Low Price Point Drive-Thru Restaurant
  • Extremely low price per square foot
  • 7.4 Years remaining on lease with Two 5-Year options
  • 2% annual rent increases during initial lease period
  • 10% rent increases during each 5-Year extension option
  • New 10-Year lease signed in December 2021
  • Extensive property rehab completed in 2022
  • Leasehold (building ownership) with depreciation benefits

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Listing Price: $886,842

Cap Rate
5.70%
Tenant Name
Cozy Coop
Years Remaining On Lease
7.3
Gross SF
3,195
Guarantor
Private Guarantee
Rentable SF
3,195
Price/Gross SF
$277.57
Lease Type
Absolute Net
Rent Per Square Feet
$34.19

Investment Highlights

  • Low Price Point Drive-Thru Restaurant
  • Extremely low price per square foot
  • 7.4 Years remaining on lease with Two 5-Year options
  • 2% annual rent increases during initial lease period
  • 10% rent increases during each 5-Year extension option
  • New 10-Year lease signed in December 2021
  • Extensive property rehab completed in 2022
  • Leasehold (building ownership) with depreciation benefits

Investment Overview

Located in the thriving suburban community of Marietta located within the Atlanta MSA, this investment opportunity boasts 2% annual rent increases for the 7.4 years that remain on the original lease along with 10% increases upon execution of each of the 5 year extension options. This property was built in 2005 and had extensive rehab completed for the current tenant in 2022 with the tenant contributing over $300,000 to the rehab showing their commitment to the site.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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