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Miscellaneous

Governors Gun Club

1005 Cobb Place Blvd NW, Kennesaw, GA 30144

Listing Price: $15,400,000

Cap Rate
7.40%
Tenant Name
Governors Gun Club
Gross SF
90,009
Guarantor
Corporate Guarantee
Rentable SF
90,009
Price/Gross SF
$171.09
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.67

Investment Overview

The subject property is a single tenant NNN asset located in the northwest sector of Atlanta in Kennesaw, GA. Less than a mile west of the I-75 interchange at Barrett Parkway, it has a five-mile population of 177,306 with an average household income of $102,997. This dense retail corridor is home to Costco,
Home Depot, Walmart, Field & Stream, Whole Foods, Target, as well as a host of auto dealerships like Ford, Chevy, Nissan, Kia, and CarMax. This Class “A” facility can easily draw patrons from the
entire metro Atlanta area.
In 2017 Governors took the indoor shooting concept to a new level with its facility in Kennesaw, Georgia offering the Nation's first indoor trap and skeet field. This new facility is over 90,009 sq.ft. and over 5 stories tall. Beyond the large retail area, the facility has 32 rifle rated lanes, 3 archery fields, a three station 100 yard high power rifle range, situational firearm training simulator, member lockers, wine lockers, and a large event venue. The event area features a restaurant that seats 300 people and is served by a full-service bar. A second full-service bar is adjacent to a partially covered roof top patio and lounge area. Governors expects to announce future plans and new facilities as they begin to expand into several new markets.

Investment Highlights

  • Governors Gun Club Is A 90,009 Square Foot Class "A" Indoor Shooting Range In The Atlanta MSA.
  • $15,400,000 (7.4% CAP) On A New 15 Year NNN Lease With 5% Rent Increase Every 5 Years.
  • This Dense Business Market Is Home To Costco, Home Depot, Walmart, Field & Stream, Whole Foods, Target, As Well As Auto Dealerships Like Ford, Chevy, Nissan, Kia, and CarMax.

Exclusively Listed By

Financing By

Miscellaneous

Governors Gun Club

Listing Price: $15,400,000

Cap Rate
7.40%
Tenant Name
Governors Gun Club
Gross SF
90,009
Guarantor
Corporate Guarantee
Rentable SF
90,009
Price/Gross SF
$171.09
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.67

Investment Highlights

  • Governors Gun Club Is A 90,009 Square Foot Class "A" Indoor Shooting Range In The Atlanta MSA.
  • $15,400,000 (7.4% CAP) On A New 15 Year NNN Lease With 5% Rent Increase Every 5 Years.
  • This Dense Business Market Is Home To Costco, Home Depot, Walmart, Field & Stream, Whole Foods, Target, As Well As Auto Dealerships Like Ford, Chevy, Nissan, Kia, and CarMax.

Investment Overview

The subject property is a single tenant NNN asset located in the northwest sector of Atlanta in Kennesaw, GA. Less than a mile west of the I-75 interchange at Barrett Parkway, it has a five-mile population of 177,306 with an average household income of $102,997. This dense retail corridor is home to Costco, Home Depot, Walmart, Field & Stream, Whole Foods, Target, as well as a host of auto dealerships like Ford, Chevy, Nissan, Kia, and CarMax. This Class “A” facility can easily draw patrons from the entire metro Atlanta area. In 2017 Governors took the indoor shooting concept to a new level with its facility in Kennesaw, Georgia offering the Nation's first indoor trap and skeet field. This new facility is over 90,009 sq.ft. and over 5 stories tall. Beyond the large retail area, the facility has 32 rifle rated lanes, 3 archery fields, a three station 100 yard high power rifle range, situational firearm training simulator, member lockers, wine lockers, and a large event venue. The event area features a restaurant that seats 300 people and is served by a full-service bar. A second full-service bar is adjacent to a partially covered roof top patio and lounge area. Governors expects to announce future plans and new facilities as they begin to expand into several new markets.

Exclusively Listed By

Financing By

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