329 E Cherokee Ave - Auto Repair FOR SALE


Cartersville, GA 30120
$2,324,000 USD
404-934-5558
329 E Cherokee Ave, Cartersville, GA for Sale
$2,324,000 USD
Auto Repair - FOR SALE
1/6
null | 5.25% Cap Rate

329 E Cherokee Ave
Cartersville, GA 30120


HIGHLIGHTS

  • Brand New 15-Year Year Corporate Ground Lease
  • Rare Offering Includes Long-Term Billboard Ground Lease
  • Proximity to Top 91% Main Street Shopping Center Anchored by Target, Publix, TJ Maxx, Ulta and Belk(3.5 million visits)
  • Adjacent to 1,400+ Student Cartersville High School and Downtown Cartersville
  • $106,000+ AHHI and $307,000+ Median Home Values within 3 Miles
  • Significant Business Investment and Job Growth in Bartow County

OVERVIEW

TSCG is pleased to offer for sale a brand new 15-year corporate ground lease in the heart of Cartersville (Atlanta MSA), GA. This unique offering includes a digital billboard ground lease with 21 years of term remaining and a 50% rent bump in 2036. Valvoline’s premier location provides proximity to Cartersville High School (1,400+ students), downtown Cartersville and the main retail artery. E Main Street is anchored by major retailers including Publix, Target, Kroger, Belk, Kohl’s, Academy, TJ Maxx, Ulta, Ross, PetSmart and more. Cartersville is conveniently situated 45 miles northwest of Atlanta along Interstate 75, approximately 100 miles south of Chattanooga. Cartersville has recently seen a tremendous amount of community development and growth. Billions of dollars continue to be poured into the surrounding area for business, education and residential development.

FOR SALE DETAILS

PRICE

$2,324,000 USD

PRICE/SF

$1,112 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valvoline Ground Lease - Atlanta MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

C1

APN/PARCEL ID

C001-0015-002

ASK ABOUT THIS PROPERTY

404-934-5558

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404-934-5558

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