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Miscellaneous

TNT Fireworks

2781 S Cobb Dr, Smyrna, GA 30080

Listing Price: $1,100,000

Cap Rate
6.00%
Tenant Name
TNT Stores, LLC
Years Remaining On Lease
4.5
Guarantor
Corporate Guarantee
Rentable SF
11,587
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$5.70

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a TNT Fireworks located at 2781 Cobb Street in Smyrna, Georgia. The site consists of roughly 11,587 rentable square feet of building space on estimated 2.81-acre parcel of land. This TNT Fireworks is subject to a 5-year absolute triple-net (NNN) lease, which commenced September 24th, 2015. The tenant recently exercised their first 5-Year Tenant Renewal Option, showing their commitment to the site. The Tenant will have Two (2), Five (5)-Year Options remaining.

Investment Highlights

  • Original 5-Year Absolute Triple Net (NNN) Lease
  • Tenant Recently Exercised their First (1st) Tenant Renewal Option, Showing Commitment to the Site
  • Ten Percent (10%) Rental Increases Occurring in Each Remaining Option Period

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Miscellaneous

TNT Fireworks

Listing Price: $1,100,000

Cap Rate
6.00%
Tenant Name
TNT Stores, LLC
Years Remaining On Lease
4.5
Guarantor
Corporate Guarantee
Rentable SF
11,587
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$5.70

Investment Highlights

  • Original 5-Year Absolute Triple Net (NNN) Lease
  • Tenant Recently Exercised their First (1st) Tenant Renewal Option, Showing Commitment to the Site
  • Ten Percent (10%) Rental Increases Occurring in Each Remaining Option Period

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a TNT Fireworks located at 2781 Cobb Street in Smyrna, Georgia. The site consists of roughly 11,587 rentable square feet of building space on estimated 2.81-acre parcel of land. This TNT Fireworks is subject to a 5-year absolute triple-net (NNN) lease, which commenced September 24th, 2015. The tenant recently exercised their first 5-Year Tenant Renewal Option, showing their commitment to the site. The Tenant will have Two (2), Five (5)-Year Options remaining.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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