1985 Airport Ind Park Dr SE - Auto Repair FOR SALE


Marietta, GA 30060- Southeast Marietta
$2,016,000 USD
949-903-8099
1985 Airport Ind Park Dr SE, Marietta, GA for Sale
$2,016,000 USD
Auto Repair - FOR SALE
1/7
null | 6.25% Cap Rate

1985 Airport Ind Park Dr SE
Marietta, GA 30060
Southeast Marietta


HIGHLIGHTS

  • 100% Occupied | Absolute NNN Lease | Fee Simple Ownership
  • Large Monument Sign | Excellent Visibility & Access | Close to Interstate-75 (321,000) & State Highway 3 (42,200 VPD)
  • Strong Demographics In 5-Mile Trade Area | Affluent 6-Figure AHHI

OVERVIEW

• The lease is guaranteed by BrightPoint Auto • The tenant, Friendship Paint & Body Shop, has 10 years remaining on their lease with 1 (10-year) option to extend • The lease features 2% annual increases throughout the initial term and option period • Within limited zoning district overlay that allows auto repair creating a competitive advantage • Absolute NNN lease, limiting expense exposure for a new owner • High historical occupancy

FOR SALE DETAILS

PRICE

$2,016,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Friendship Paint & Body Shop

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

LI

APN/PARCEL ID

17-0660-0-015-0,17-0660-0-016-0

ASK ABOUT THIS PROPERTY

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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Jake PraterSRS National Net LeaseMore Info
949-903-8099

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