Property Address
5915 Spout Springs Rd., Flowery Branch, GA 30542
Property Type
NNN Investment Property
Asking Price
$2,102,000.00
4.90% cap rate
Related Downloads
Property Contact
(704) 909-4505
Overview
The Morgan Companies is pleased to offer for sale an absolute NNN Dunkin’ ground lease situated on a 0.60-acres (the “Property”). The Premises was delivered on July 2, 2020, and Dunkin’ is currently under construction with an anticipated opening in early April 2021. After an Initial 20-year Term, Dunkin’ has 4 options of 5 years each. The lease is with Spout Springs Donuts Holdings, LLC, a Dunkin’ franchisee with over 45 units, and personally guaranteed by the Owners.
The Property is strategically located on a hard corner at the signalized intersection of Spout Springs Road and Hog Mountain Road in Flowery Branch, GA (home of the NFL’s Atlanta Falcons). The Property is less than a half mile from Interstate 985, which leads southwest to Atlanta. Adjacent to the Property is Stonebridge Village, a large regional shopping center with tenants such as Target, Home Depot, Kohl’s, PetSmart, TJ Maxx, OfficeMax, and Ross.