1247 S Hairston Rd - Auto Repair FOR SALE


Stone Mountain, GA 30088
$1,146,600 USD
512-856-7719
1247 S Hairston Rd, Stone Mountain, GA for Sale
$1,146,600 USD
Auto Repair - FOR SALE
1/5
null | 6.25% Cap Rate

1247 S Hairston Rd
Stone Mountain, GA 30088


HIGHLIGHTS

  • Long Term 9-Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • 5% Rent Bumps Every Three Years Provide Strong Hedge Against Inflation
  • Strong Corporate Guarantee From Shell (NYSE)
  • Adjacent to the Crowe’s Crossing Shopping Center Located Along S Hairston Road Which Has a Traffic Count of Over 25,500 VPD
  • Location Has Easy Access to Loop 285 and Downtown Atlanta (16- Miles)
  • Stone Mountain Park, Home to the World’s Largest Single Piece of Exposed Granite, is Just 7-Miles Away & is the Most Visited Destination

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,024 SF Jiffy Lube Located at 1247 South Hairston Road in Stone Mountain, GA. This Deal Includes a Long Term 9 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities and 5% Rent Bumps Every Three Years Provide Strong Hedge Against Inflation, Providing For a Secured Investment. In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619

FOR SALE DETAILS

PRICE

$1,146,600 USD

PRICE/SF

$567 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jiffy Lube - Stone Mountain, GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C1, DeKalb County

APN/PARCEL ID

15-224-01-161

ASK ABOUT THIS PROPERTY

Jess KappelmanSands Investment Group Austin, LLCMore Info
512-856-7719

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Jess KappelmanSands Investment Group Austin, LLCMore Info
512-856-7719

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