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2438 Limestone Parkway - Meineke Car Care Center, Gainesville, GA

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2438 Limestone Parkway - Meineke Car Care Center

Gainesville, GA 30501 - Gainesville/Hall Cnty Ret Submarket

Property Type:Retail Sub Type:Auto Repair Status:Existing Year Built:2004
Building Size:4,500 SF Land Area:.7 AC (30,492 SF)
For Sale Price:$1,200,000 Price/SF:$266.67
Cap Rate:6.50 %
Parking:42 Surface spaces are available; Ratio of 6.1/1,000 SF

For Sale Business, Building, Land & Equipment at $1,100,000 ($244.44/SF)

Owners financing available - Contact agent for details.

Quiet Listing - NO SIGN on the property. Please do not talk to employees about property for sale.

Sale Notes:
Meineke Car Care Center, Inc. is a franchise-based international automotive repair chain with more than 900 locations. The chain ranked #52 in the Franchise 500 in 2014 & #54 in America' s Top Global in 2013. Previously known as Meineke Discount Mufflers, the company changed its name to Meineke Car Care Centers in 2003 when it expanded to offer full-service auto repairs.
Meineke was founded in 1971 in Houston, Texas by Sam Meineke. He started to franchise the name in 1972 with Harold Nedell. In 1983, GKN, a multinational British company, bought out Meineke Discount Mufflers. In 1986, the company headquarters moved to Charlotte, North Carolina. In 2003, the same year Meineke Discount Muffler Shops, Inc. became Meineke Car Care Centers, Inc., Meineke became a privately held company, no longer publicly traded.
Meineke Car Care Centers has successfully diversified its automotive service offerings & is recognized today as a leader in complete car care automotive franchises. From oil changes to brakes, their complete car care model provides consumers with high quality services at affordable prices. With nearly 1,000 Meineke Car Care franchises operating nationally & internationally.
Gainesville is the county seat of Hall County, located in Northeast Georgia, approximately 50 miles northeast of Atlanta. Gainesville is the largest of six cities in Hall County with a population of more than 35,000. Gainesville is included in the Gainesville, Georgia Metropolitan Statistical Area, which is included in the Atlanta-Sandy Springs-Gainesville, Georgia-Alabama Combined Statistical Area. As the business hub for Northeast Georgia, Gainesville' s daytime population is estimated in excess of 100,000. The City of Gainesville remains financially sound operating on a fiscal year budget. In cooperation with the Greater Hall Chamber of Commerce and other community organizations, the City actively recruits new industry to the area while working with existing industry to encourage expansion, growth, and diversification.
Atlanta is the capital and most populous city in Georgia with an estimated 2014 population of 456,002. Atlanta is the cultural and economic center of the Atlanta metropolitan area, home to 5,614,323 people and the ninth largest metro area in the country. The city ranks third in the number of Fortune 500 companies headquartered within city boundaries.

Stan Johnson Company
Joseph P Odom
(404) 823-6360

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