4345 Martin Rd - Retail FOR SALE


Cumming, GA 30028
$2,850,000 USD
678-320-4800
4345 Martin Rd, Cumming, GA for Sale
$2,850,000 USD
Retail - FOR SALE
1/2
null | 7.02% Cap Rate

4345 Martin Rd
Cumming, GA 30028


OVERVIEW

The Operating business was started in 2003 and has $1.5MM average revenue and $200K SDE from 2021-23 specializing in Mercedes-Benz and BMW repair. The facility includes a state of the art 6,750-square foot shop on GA Hwy 400 housing 8 service bays, a German alignment rack, 4 experienced service technicians, and the latest in diagnostic and hydraulic equipment. The property sits on 1.95 acres in a prime location just off of and highly visible from a major North Atlanta corridor. The auto shop has approximately 2,250 sq. ft., or 33.3%, of finished office space. The building was constructed in 2008. It includes a large drive-through door on each side elevation, with eight designated service bays and one alignment bay inside the warehouse space. The facility also has an open retail sales/waiting area at the front, two private offices, a conference room, break room, parts storage room, two office restrooms, and one restroom designated for shop employees. A 1,500 sq. ft. unfinished mezzanine is located over the office space. This space is also used for parts storage. Note: The operating business pays $150K rent to separate real estate LLC. Purchase includes both S-Corp (Operating Business) and LLC (Real Estate)

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

7.02%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

CBD

APN/PARCEL ID

237-045

ASK ABOUT THIS PROPERTY

Brad BurnsColdwell Banker Commercial Metro BrokersMore Info
678-320-4800

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Brad BurnsColdwell Banker Commercial Metro BrokersMore Info
678-320-4800

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