1580 Church St - Auto Dealership FOR SALE


Decatur, GA 30033- Decatur Heights
$6,000,000 USD
404-285-9150
1580 Church St, Decatur, GA for Sale
$6,000,000 USD
Auto Dealership - FOR SALE
1/6
null | Request Cap Rate

1580 Church St
Decatur, GA 30033
Decatur Heights


HIGHLIGHTS

  • Early 10-year lease renewal
  • Below market rental rate and low rent per typical Tesla location
  • No options after end of initial term, flexibility to negotiate the lease terms (mark to market) or redevelop property
  • Popular location with over 42,000 visitors a year

OVERVIEW

Ackerman Retail is pleased to exclusively present for sale a net lease Tesla Sales and Delivery Dealership investment opportunity located along a busy infill corridor in Decatur, Georgia. This offering presents a unique chance to acquire a premier property leased to one of the world’s most innovative and disruptive companies. Situated in a highly trafficked area near Downtown Decatur on Church Street, the property enjoys excellent visibility and accessibility. Its strategic location adjacent to Nalley BMW, across the street from a recently constructed Whole Foods retail center, and near Emory Decatur Hospital further enhances its desirability and underscores the strength of this infill location. This offering provides investors with the rare opportunity to secure a long-term, net-leased asset with a strong tenant in a thriving and dynamic market with under market rental rate and no options giving further upside flexibility to the Investor.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$330 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tesla Sales & Delivery | Net Lease Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

300

LAND DETAILS

LAND ACRES

2.68 AC

LAND SF

116,741 SF

ZONING

C2

APN/PARCEL ID

18-049-12-017

ASK ABOUT THIS PROPERTY

Sean PatrickAckerman & Co.More Info
404-285-9150

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Sean PatrickAckerman & Co.More Info
404-285-9150

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