Hardee's, Kennesaw
3900 Jiles Road
Kennesaw, Georgia 30144
PROPERTY SOLD
Property: Investment Sales
Square Footage: 3,037
Acreage: 1.03
Price: $2,392,000
Cap Rate: 5.50%
Description:
- 20 year NNN corporate lease with 7% rent bumps every 5 years (commenced 7/22/14)
- Brand new construction next to McDonald’s, directly across from a Publix shopping center and in front of ITT Tech (+/- 1,000 students)
- Only 1 mile off I-75 which has over 100,000 cars per day at the exit
- Dense suburban Atlanta bedroom community with over 75,000 residents in a 3 mile radius
- Less than 2 miles from Kennesaw State University (25,000+ students) and 3 miles from Town Center at Cobb (1.28 million SF – Macy’s, JC Penney, Belk, Sears)
- Minutes from Lake Allatoona, a U.S. Army Corps of Engineers reservoir and one of the most popular lakes in the country with 270 miles of shoreline covering more than 12,000 acres
- Kennesaw has received numerous awards over the years and Cobb County is the fourth most populous in Georgia with over 700,000 residents
- U.S. Census Bureau ranks Cobb as the most educated in GA and amongst the top 100 wealthiest in the U.S.


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Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile