3242 Highway 5 - Auto Repair FOR SALE


Douglasville, GA 30135
$1,833,333 USD
813-697-1255
3242 Highway 5, Douglasville, GA for Sale
$1,833,333 USD
Auto Repair - FOR SALE
1/6
null | 6% Cap Rate

3242 Highway 5
Douglasville, GA 30135


HIGHLIGHTS

  • Long Lease Term
  • Attractive Rent Increases
  • Corporate Guaranty
  • Zero Management Responsibilities
  • Prime Retail Location
  • Recession Resistant Investment

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant Valvoline located at 3242 GA Highway 5 in Douglasville, Georgia (the “Property”). Valvoline consists of a 1,300 square foot building with two (2) automotive bays and an office/retail area. Valvoline signed a new 15-year Absolute NNN Lease at this location and opened in the fall. Valvoline has 13+ years remaining on their Absolute NNN Lease with two (2), five-year renewal options. Their lease calls for attractive rent increases every five years throughout the primary lease term and at the start of each renewal option. The property is extremely well located along GA Route 5, the area’s primary commercial and commuter corridor. The Property enjoys outstanding visibility, frontage and access and is part of a dominant trade area that is home to countless national retailers and restaurants, the Arbor Place Mall, Wellstar Douglas Medical Center (Hospital), West Georgia Technical College, and major roadways including GA Route 5, US Highway 78, and Interstates 20, all of which drive traffic to the area. Additionally, the Property is within minutes of several area schools, multiple nationally branded hotel/motels, and is surrounded by residential neighborhoods providing a built-in customer base.

FOR SALE DETAILS

PRICE

$1,833,333 USD

PRICE/SF

$1,410 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valvoline

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

-

APN/PARCEL ID

-

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 Policy.