GEORGIA BROKER OF RECORD..... JEREMY YARBROUGH...Yarbrough Holdings Inc...License No. 62003
Faris Lee Investments is pleased to present a rare opportunity to acquire a single-tenant Tesla investment property located within one of Georgia’s most densely populated and heavily trafficked retail corridors.The property is secured by a brand-new 10-year absolute NNN lease with zero landlord responsibilities and 10% rental increases every five years. The lease is corporately guaranteed by Tesla (NASDAQ: TSLA), an investment-grade tenant (S&P: BBB), and supports surplus vehicle inventory for Tesla’s nearby showroom and service center located just a quarter mile away.
The asset is part of a newly developed retail project strategically positioned along Interstate 85 (±30,800 VPD), directly across from Fayette Pavilion—the most visited open-air shopping center in Georgia with over 4.7 million annual visitors—anchored by Target, Walmart, Home Depot, and Publix. The surrounding trade area draws from a population base exceeding 400,000 residents across Fayetteville, Riverdale, Jonesboro, Tyrone, and southern Atlanta.
Tesla occupies 3.77 acres within the development, which includes nationally recognized QSR co-tenants Pollo Campero, Jim ‘N Nick’s, and Walk-On’s Sports Bistreaux—all on long-term, corporately guaranteed ground leases and currently under construction. Each outparcel can be acquired individually or as part of a portfolio transaction.
Tesla generated $97.7 billion in revenue in 2024 with continued expansion across its vehicle and energy divisions. Its use of the site for surplus vehicle inventory reinforces Tesla’s growing footprint in Georgia, one of the few states where it can sell directly to consumers.
This offering represents a premier, management-free investment in a high-growth Atlanta submarket, backed by a top-performing, investment-grade tenant.