193 Walker Pkwy - Service Station FOR SALE
Fayetteville, GA 30214 |
193 Walker Pkwy
Fayetteville, GA 30214
HIGHLIGHTS
- Tesla's corporate-guaranteed lease is backed by a BBB S\&P rating, \$758.65B market cap, and strong growth with \$97.69B in 2024 revenue.
- New 10-year absolute NNN lease with 10% rent increases every 5 years, no landlord responsibilities, and four 5-yr renewal options starting January 25.
- Adjacent to Georgia’s largest open-air shopping center, Fayette Pavilion, with 4.7M annual visitors and major anchors like Walmart and Target.
- Tesla occupies a 3.77-acre pad in a new retail center with corporate QSR co-tenants, in a prime redevelopment location
- Prime location along I-85, Fayetteville’s main retail corridor (+30,800 VPD), surrounded by top retailers and numerous QSRs within a 1-mile radius.
- Highly sought trade area with 105K residents, $92.7K average income, and limited entry through redevelopment only.
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
TESLA - 10 Year NNN Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Auto Dealership, Auto Repair
TOTAL BUILDING SIZE
164221
STORIES
1
YEAR BUILT
2024
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
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