This investment opportunity consists of a single-tenant Discount Tire property located at 1665 Highway 138 in Conyers, Georgia. The property is leased to Halle Properties, L.L.C., for the operation of a Discount Tire/America’s Tire store. The lease commenced on October 13, 2011 through October 31, 2031, providing investors with long-term income from an established tenant. The lease is structured as an absolute NNN lease, which provides a passive ownership opportunity with limited landlord obligations and reduced exposure to operating expenses.
Conyers, Georgia is located approximately 24 miles east of downtown Atlanta on I-20, and serves as a growing suburban community within the Atlanta metropolitan area. The property is positioned along Highway 138, with 45,000 cars passing per day. The nearby trade area includes Publix, Kroger, Sprouts, Target, LA Fitness and many other national retailers.