Kabobs

5423 N Lake Drive, Morrow, GA
Deal Type:
Sale Leaseback
Price:
$11,606,700
Cap Rate:
7.00%
Current Rent:
$812,469
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
4x5 year or 2x10 year
Building Sq. Ft.:
85,525
Rent Increases:
2% per year
Site Size:
11.04 acres
  • kabobs stream capital partners
  • kabobs stream capital partners
  • kabobs stream capital partners
  • kabobs stream capital partners
  • kabobs stream capital partners

Investment Highlights

  • Long-term, absolute triple net lease with annual rent increases
  • Mission-critical, food-grade, freezer/cooler asset expanded in early 2020
  • Tenant has recently invested over $8.5 million into building, systems, and critical manufacturing and processing equipment
  • Strategically-located minutes from downtown Atlanta and proximate to major thoroughfares (I-75, I-695, US-23 and US-41)
  • Facility located in dense, commercial area of Atlanta
  • Company has a long-term operating history of 30+ years
  • Rapidly growing business with compelling financial profile and industry tailwinds
  • The Company, backed by a premier food-focused private equity firm, represents an industry leader in a highly value-add segment of food production
  • Please request due diligence access by approving of the NDA below to receive the offering memorandum

Listing Agents

Chelsea Mandel

Vice President
516 850 6962
Chelsea@stream-cp.com
Daniel Macks STREAM Capital Partners

Daniel Macks

Vice President
847 420 2116
Dmacks@stream-cp.com
Jeff Lizzo STREAM Capital Partners

Jeff Lizzo

Senior Vice President
630 222 8409
Jeff@stream-cp.com
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Due Diligence

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