4996 Lanier Islands Pkwy, Buford, GA 30518

Property Details for 4996 Lanier Islands Pkwy

Year built

2024

Lot size

1.61 lot acres

Property type

Retail properties & Spaces

Description

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.

Location Insight

City

Buford

County

Hall

State

Georgia

Longitude

-83.9592

Latitude

34.1444