1720 Highway 20 W - Auto Repair FOR SALE
Mcdonough, GA 30253 |
1720 Highway 20 W
Mcdonough, GA 30253
HIGHLIGHTS
- BRAND NEW CONSTRUCTION The Property’s delivery date was March 31, 2023 and the ten year lease commences on June 1, 2023.
- 10-YEAR LEASE WITH ANNUAL INCREASES This is a unique opportunity to purchase a 10-year lease with (2) 5-year options with 2% ANNUAL increases.
- PASSIVE LEASE STRUCTURE Meineke is operating under a passive net lease structure in which the landlord is only responsible for roof and structure.
- HIGH VISIBILITY WITH EXCELLENT INTERSTATE ACCESS Positioned with hard corner access at the intersection of Highway 20 West and Nail Rd.
- STRONG RETAIL TRADE AREA The underlying value of the Property’s real estate is highlighted by surrounding national retailers.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Meineke Car Care Center | Absolute NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
7000
STORIES
1
YEAR BUILT
2018
SPRINKLERS
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PARKING SPACES
18
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
0076-01-011-001
