380 Gainesville Hwy - Freestanding FOR SALE


Winder, GA 30680
$2,916,667 USD
847-444-9254
380 Gainesville Hwy, Winder, GA for Sale
$2,916,667 USD
Freestanding - FOR SALE
1/6
null | 6% Cap Rate

380 Gainesville Hwy
Winder, GA 30680


HIGHLIGHTS

  • New 20-Year NNN Lease with Attractive Rent Escalations and No Landlord Responsibilities
  • Brand New Construction Sold at Development Cost
  • Positioned between Athens & Downtown Atlanta | 20 Miles West of Athens
  • Located off Gainesville Highway (17,400 VPD) and is half a mile north of North Broad Street (19,400 VPD)
  • Across Gainesville Highway from a new Publix grocery store and is part of an outparcel cluster of banks and McDonald's.
  • Atlanta MSA

OVERVIEW

As the exclusive advisor to Ownership, CBRE, Inc. is proud to offer qualified investors the opportunity to acquire, via long-term sale-leaseback, the recently constructed 6,944-square-foot Mavis Tires & Brakes located at 380 Gainesville Highway, Winder, GA (the “Property”). Structured as a NNN lease with no landlord responsibilities, the Property will include a new 20-year lease to Mavis Tire Supply LLC (the “Tenant”) with six, 5-year options to renew. The lease will feature a 5% escalation every five years and all renewal options will be subject to the same 5% escalation at each onset. The Property will be sold at its development cost of $2,916,667 and investors are asked to bid the rent / capitalization rate as part of their offer.

FOR SALE DETAILS

PRICE

$2,916,667 USD

PRICE/SF

$420 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Tires & Brakes Sale-Leaseback

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

B-1

APN/PARCEL ID

WN19-002

ASK ABOUT THIS PROPERTY

847-444-9254

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847-444-9254

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