10625 State Bridge Rd - Auto Repair FOR SALE


Alpharetta, GA 30022
$2,400,000 USD
602-687-6780
10625 State Bridge Rd, Alpharetta, GA for Sale
$2,400,000 USD
Auto Repair - FOR SALE
1/5
null | 6.25% Cap Rate

10625 State Bridge Rd
Alpharetta, GA 30022


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Lease with 8 Years Remaining
  • 10% Rental Increases Every 5 Years
  • 200,000+ Residents within a 5-Mile Radius
  • Hard Corner Location Visibility at the Intersection of State Bridge Road and Morton Road [ 34,000+ Cars Per Day ]
  • Average Household Income Exceeds $175,000 within a 5-Mile Radius
  • Positioned Roughly 22 Miles Northeast of Downtown Atlanta

OVERVIEW

LexTechs of Atlanta was founded in 2008 by Huston Hatch and Chad Almond. They opened their doors with the principle of creating an affordable high quality alternative to expensive dealership service centers and under qualified general repair shops. Alpharetta is a city in northern Fulton County, Georgia, part of the Atlanta metropolitan area and home to more than 65,800 residents. Known as Georgia’s “Connected City,” Alpharetta is one of the region’s primary business centers and boasts a thriving entertainment and cultural scene.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LexTechs of Atlanta

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

C1

APN/PARCEL ID

11-0480-0186-040-8

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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

Christopher LindMarcus & MillichapMore Info
602-687-6780

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