2319 Sparta Way - Auto Repair FOR SALE


Buford, GA 30519
$2,400,000 USD
949-506-2007
2319 Sparta Way, Buford, GA for Sale
$2,400,000 USD
Auto Repair - FOR SALE
1/10
null | 6.25% Cap Rate

2319 Sparta Way
Buford, GA 30519


HIGHLIGHTS

  • Corporate Guaranteed Lease | Over 12 Years Remaining | Options to Extend | Top Performing Location
  • NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Adjacent to Kroger & Publix Anchored Center | Dense Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased, Classic Collision investment property located in Buford, Georgia. The tenant, Classic Collision, LLC, recently signed a long-term lease with over 12 years remaining, along with three (3) additional five-year extension options, demonstrating their strong commitment to the site. The lease features fixed rental increases throughout the initial term and at the beginning of each option period, providing steadily growing NOI and a natural hedge against inflation. The lease is NN with minimal landlord responsibilities, making it an ideal, low management investment opportunity for a passive, out-of-state investor.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$244 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Classic Collision | 12yr Corp NN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

MUNI

APN/PARCEL ID

15-0041J-00-007

ASK ABOUT THIS PROPERTY

Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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