For Sale
$2,744,000

4996 Lanier Islands PkwyBuford, GA 30518

High-growth GA location, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a newly constructed, 2,577 square foot Arby's restaurant situated on a 1.61-acre lot in Buford, Georgia. The property boasts a prime location at the entrance to a 1.1 million square foot Amazon logistics center, benefiting from high traffic volume and proximity to other major retailers including Publix, Whataburger, Chipotle, and Panda Express. This strategically positioned property is also less than a mile from Interstate 985 (73,200 VPD) and Highway 347 (32,500 VPD), ensuring significant visibility and accessibility. The 15-year NNN ground lease, commencing June 1, 2024, and expiring June 1, 2039, includes 10% rent increases every five years, providing consistent rental growth. The lease is guaranteed by AES Southeast LLC, a seasoned Arby's operator with a substantial portfolio. The property's strong tenant, Arby's, the second-largest sandwich restaurant chain globally, further enhances its investment appeal. With a current NOI of $155,000 and a 5.65% cap rate, this Arby's represents a compelling investment in a thriving, high-growth area of metro Atlanta, benefiting from a robust population base with a high average household income and significant employment in manufacturing and distribution. The property's location within a rapidly developing area, coupled with the strength of the tenant and lease terms, makes this a highly attractive investment opportunity. The tenant is responsible for all property taxes, insurance, maintenance, and utilities, offering a truly passive investment experience.

Highlights

  • $2,744,000 asking price for a 2,577 SF Arby's retail property in Buford, GA.
  • Net lease investment opportunity with a 5.65% cap rate and $155,000 annual NOI.
  • 15-year NNN lease commencing June 1, 2024, with 10% rent increases every 5 years.
  • Located at a signalized entrance to a 1.1M SF Amazon logistics center, near other QSRs and major retailers.
  • Situated on a 1.61-acre lot in a high-traffic area with strong demographics and proximity to Interstate 985 and a high-performing Publix.

Property Details for 4996 Lanier Islands Pkwy

Property type
Retail properties
Square Feet
2,577 SF
Year Built
2024
Lot Size (sq. ft)
70,132 SF

Location Insight

City
Buford
County
Hall
State
Georgia
Latitude
34.144369
Longitude
-83.959181
4996 Lanier Islands Pkwy, Buford, Georgia

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4996 Lanier Islands Pkwy
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