Hardee’s, Kennesaw

Hardee's, Kennesaw

3900 Jiles Road
Kennesaw, Georgia 30144

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.