For Sale
$2,740,000

4997 Lanier Islands PkwyBuford, GA 30518

High-growth area, strong tenant, excellent ROI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a newly constructed, 3,318 square foot Whataburger restaurant situated on a 1.45-acre lot at 4997 Lanier Islands Pkwy, Buford, GA 30518. The property boasts a 15-year net lease with a corporate guarantee from Whataburger, commencing September 1, 2024, and expiring September 1, 2039. The lease includes significant rent bumps: a 16.79% increase in year six, a 7.81% increase in year eleven, and 8% increases every five years thereafter, across three 5-year options. The property's strong location at the entrance to a 1.1 million square foot Amazon logistics center, within a high-density industrial area, ensures consistent high traffic. Its proximity to a high-performing Publix-anchored shopping center and Interstate 985 (73,200 vehicles per day) further enhances its visibility and accessibility. Buford, a rapidly growing affluent suburb of Atlanta, offers a robust market with a 5-mile population of 95,068 and an average household income of $112,524. The property's Net Operating Income (NOI) is $137,000, resulting in a 5.00% capitalization rate and an asking price of $2,740,000. Whataburger's strong brand recognition and high average sales per store ($3.46 million) solidify this investment's potential for substantial returns. The property is an absolute NNN lease, meaning the tenant is responsible for all taxes, insurance, common area maintenance, roof, and building structure.

Highlights

  • Newly constructed 3,318 SF Whataburger on a 1.45-acre lot in Buford, GA.
  • 15-year NNN corporate-guaranteed lease commencing September 1, 2024, with significant rent increases.
  • Prime location at the entrance to a 1.1M SF Amazon facility, near I-985 and a Publix-anchored shopping center.
  • Strong demographics: 95,068 population within 5 miles, $112,524 average household income.
  • $2,740,000 asking price, $137,000 NOI, 5.00% cap rate.

Property Details for 4997 Lanier Islands Pkwy

Property type
Retail properties
Year Built
2024
Lot Size (sq. ft)
63,162 SF

Location Insight

City
Buford
County
Hall
State
Georgia
Latitude
34.1456272
Longitude
-83.9588001
4997 Lanier Islands Pkwy, Buford, Georgia

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4997 Lanier Islands Pkwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message