Restaurant
Cozy Coop
2500 Barrett Creek Blvd, Marietta, GA 30066
Listing Price: $886,842
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
Financing By
Listing Price: $886,842
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.