1001 N 3rd Ave - Freestanding FOR SALE


Chatsworth, GA 30705
$340,018 USD
678-522-1553
1001 N 3rd Ave, Chatsworth, GA for Sale
$340,018 USD
Freestanding - FOR SALE
1/2
null | 5.67% Cap Rate

1001 N 3rd Ave
Chatsworth, GA 30705


HIGHLIGHTS

  • Tenant executed a new five-year term through June 2029, reaffirming its commitment to the location.
  • Offered at $340,000 - an affordable basis of approximately $58.62 per square foot.
  • Rent equals roughly $4.14 per square foot annually, creating a strong incentive for the tenant to remain long-term.

OVERVIEW

Low rent ($4.14 per SF) // Newly renewed lease This is a single-tenant retail property occupied by Quality Auto Parts, Inc., an independent NAPA Auto Parts dealer. The tenant executed a new five-year lease term through June 2029, reaffirming its commitment to the location. Offered at $340,000, this represents an affordable basis of approximately $58.62 per square foot. The rent equals roughly $4.14 per square foot annually, creating a strong incentive for the tenant to remain long-term. One additional five-year renewal option provides continued upside for long-term ownership. Investment highlights Tenant executed a new five-year term through June 2029, reaffirming its commitment to the location. Offered at $340,000 — an affordable basis of approximately $58.62 per square foot. Rent equals roughly $4.14 per square foot annually, creating a strong incentive for the tenant to remain long-term. One additional five-year renewal option provides continued upside for long-term ownership. Automotive replacement parts see steady demand as consumers maintain and repair existing vehicles. Quality Auto Parts has served the Chatsworth and Murray County market as an independent NAPA dealer.

FOR SALE DETAILS

PRICE

$340,018 USD

PRICE/SF

$69 USD /SF

CAP RATE

5.67%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

01

APN/PARCEL ID

0048B-245

ASK ABOUT THIS PROPERTY

Harry ArcherTire Business GroupMore Info
678-522-1553

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Harry ArcherTire Business GroupMore Info
678-522-1553

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.