cmake_minimum_required(VERSION 3.4)

link_directories(foo/bar/baz)
file(WRITE foo.cpp "int main() {}")
add_executable(foo foo.cpp)

#

[1/2] /usr/bin/c++      -MD -MT CMakeFiles/foo.dir/foo.cpp.o -MF CMakeFiles/foo.dir/foo.cpp.o.d -o CMakeFiles/foo.dir/foo.cpp.o -c /home/ngladitz/src/test/ld/foo.cpp
[2/2] : && /usr/bin/c++      CMakeFiles/foo.dir/foo.cpp.o  -o foo -L/home/ngladitz/src/test/ld/foo/bar/baz  && :