3471 Cobb Pky NW - Auto Repair FOR SALE


Acworth, GA 30101
$2,137,000 USD
949-506-2007
3471 Cobb Pky NW, Acworth, GA for Sale
$2,137,000 USD
Auto Repair - FOR SALE
1/9
null | 5.85% Cap Rate

3471 Cobb Pky NW
Acworth, GA 30101


HIGHLIGHTS

  • Franchisee Guaranteed Ground Lease | Options To Extend | Below Market Rent
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Lakeside Marketplace | Butler Creek Shopping Mall
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Take 5 Oil Change investment property located in Acworth, Georgia. The tenant, Take 5, will sign a new 15-year lease at the close of escrow (sale-leaseback) with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,137,000 USD

PRICE/SF

$995 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change | 15yr Abs NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

C2

APN/PARCEL ID

20-0109-0-009-0

ASK ABOUT THIS PROPERTY

Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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