7861 Tara Blvd - Auto Repair FOR SALE


Jonesboro, GA 30236
$2,417,538 USD
813-697-1255
7861 Tara Blvd, Jonesboro, GA for Sale
$2,417,538 USD
Auto Repair - FOR SALE
1/8
null | 6.5% Cap Rate

7861 Tara Blvd
Jonesboro, GA 30236


HIGHLIGHTS

  • Long Term Lease
  • Fixed Rent Increase
  • Zero Landlord Responsibilites
  • Recession Resistant Investment
  • Traffic Counts
  • Strong Corporate Tenant

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of a Tires Plus investment property located at 7861 Tara Boulevard in Jonesboro, Georgia (the “Property”). The single tenant Triple Net (NNN) Leased Tires Plus was constructed in 2000 and contains 6,757 square feet on a 0.91-acre parcel. Tires Plus has just extended their lease, demonstrating their commitment to the site and market. Tires Plus has 5+ years remaining on their Triple Net (NNN) Lease with three (3), 5-year renewal options and attractive 10% rental increases at the start of each renewal option. The Property is prominently positioned along Tara Boulevard (US Route 41 & 19), Jonesboro’s primary commercial and commuter corridor. Tires Plus benefits from excellent access and visibility with significant frontage on US Route 41 & 17, attracting both residents and commuters. The Property is seconds from the signalized intersection with GA Highway 138 Street and is convenient to GA Routes 54 and 85, as well as Interstate 75. Tires Plus is an outparcel to Jonesboro Corners Shopping Center, is seconds from Crossroads South Shopping Center (anchored by Kroger and Planet Fitness), and is surrounded by national and local retailers and restaurants that drive traffic to the area. Additionally, the Property is convenient to residential neighborhoods and area schools providing a built-in customer base.

FOR SALE DETAILS

PRICE

$2,417,538 USD

PRICE/SF

$354 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tires Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

GB

APN/PARCEL ID

13-0210B-00D-007

ASK ABOUT THIS PROPERTY

Chris KingHorvath & TremblayMore Info
813-697-1255

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Chris KingHorvath & TremblayMore Info
813-697-1255

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