Shake Shack | Ground Lease Alpharetta, GA

11780 Haynes Bridge Road
Alpharetta, GA

Price: $5,985,000
Cap Rate: 4.00%
NOI: $239,409
Building Size: Approx. 3,280 Sq. Ft.
Lot Size: Approx. 0.57 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2021

Investment Overview

  • 2021 Construction. 3,280+/- SF Building on 0.57+/- Acre Site
  • Brand New 15 Year Ground Lease w/ 10% Rental Increases Every 5 Years
  • Subject Property is a New Prototype Building with a Drive-Thru
  • Excellent Location at the Corner of Old Milton Parkway (49K VPD) and Haynes Bridge Rd (15K VPD)
  • Located Within Walking Distance to Avalon Development (Retail, Theater, Hotel, Conference Center, Luxury Homes)
  • Strong Income Demos w/ $126,404 within a 1-Mile Radius of Subject Property
  • Shake Shake is one of the Fastest Growing Food Chains in the US and is Publicly Traded
  • Alpharetta  |  Known as the “Technology City of the South”  |  Population: 65,000+

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