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Views: 100 DOM: 180 Updated: 08.14.24 Posted: 03.20.24 Status: Active

Summary

Price $3,190,000
Built/Renov 2015/2023
Tenant Snooze A.M. Eatery
Cap Rate 5.25%
Lease Type Double NN
Guarantor Corporate
Size/SF 3,850
Lease Start 03-01-2024
#Units 65
Price/SF $828.57
Expiration 03-01-2034
Tenant Type Casual Dining
NOI $167,475
R. Term 9.5
Ownership Fee Simple
Rent/SF $43.50
Increases 0.0%/0/yrs
Pop 5Mi 253,942
Lot/AC 0.20
Options 2/5yrs
AHHI 5Mi $161,120

Lease Highlights

  • 2023 build-to-suit renovations
  • Snooze A.M. Eatery recently executed a brand-new 10-year lease with 2 (5-year) options to extend
  • The lease features fluctuating rental escalations throughout the initial term and option periods
  • Corporate guaranteed lease

Location Description

Snooze A.M. Eatery is strategically located on Ashford Dunwoody Road NE, with access to a high daily traffic count of 49,700 vehicles. Situated directly off Interstate 285 (251,000 VPD), the property enjoys excellent visibility and access. Additionally, it benefits from significant street frontage and multiple points of access. Moreover, it is situated as an outparcel to Hampton Inn & Suites...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Snooze A.M. Eatery
  • Guarantor:Corporate
  • Company:Snooze A.M. Eatery
  • # Units:65
  • Stock:Private

About Tenant

Snooze an AM Eatery (Snooze) is a chain of fast-casual restaurants serving breakfast and. brunch options. The menu includes eggs, omelets, benedicts, burritos, french toast, pancakes, and...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 19,394 119,258 254,973
2023 Total Population : 18,409 118,180 253,942
2023 Employed Civilian Pop : 11,442 69,307 146,590
2023 Total Businesses : 1,823 8,059 14,409
2023 Average Household Income : $ 147,483 $ 162,492 $ 161,120
2023 Total Consumer Spending : $ 1091 M $ 7329 M $ 14953 M
2023 Median Age : 35 38 37
2023 Total Households : 8,662 52,958 108,666
2023 Pop Age 25+: Bachelor's Degree : 4,774 34,998 70,014
2023 Average Home Value : $ 570,222 $ 553,387 $ 601,793
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Perimeter Center West Perimeter Center Pkwy NE 2019 28,700 0.37 mi
Ashford Dunwoody Rd Ravinia Pkwy NE 2012 49,120 0.42 mi
Ashford Dunwoody Road Northeast Ravinia Pkwy NE 2019 49,700 0.45 mi
Ashford Dunwoody Road Northeast Ravinia Pkwy NE 2018 49,300 0.46 mi
Ashford Dunwoody Road Northeast Valley View Rd 2019 24,900 0.48 mi
Ashford Dunwoody Rd I- 285 2013 49,350 0.61 mi
Ashford Dunwoody Rd 2019 20,300 0.62 mi
Chateau Drive Orleans Way 2019 1,030 0.63 mi
Hammond Drive Northeast 2019 18,900 0.66 mi
Hammond Drive Northeast Perimeter Center Pkwy NE 2018 18,700 0.66 mi

Listing Broker

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