5949 Bethelview Rd - Auto Repair FOR SALE


Cumming, GA 30040
$3,724,000 USD
949-506-2012
5949 Bethelview Rd, Cumming, GA for Sale
$3,724,000 USD
Auto Repair - FOR SALE
1/10
null | 6% Cap Rate

5949 Bethelview Rd
Cumming, GA 30040


HIGHLIGHTS

  • Corporate Guaranteed | Early Lease Extension | Options To Extend |Well Known & Established Brand
  • NN | Fee Simple Ownership | Limited Landlord Responsibilities
  • Dense Retail Corridor | Accessible Via U.S. Hwy 19 (77,400 VPD)
  • Strong Demographics In 5-Mile Trade Area | Atlanta MSA

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN, corporate guaranteed, Goodyear investment property located in Cumming, Georgia (Atlanta MSA). Goodyear recently exercised an early lease extension, bringing the remaining base term to 9 years, demonstrating their commitment to the site. The lease features 2 (5-year) options to extend, a 5.26% rental increase in August 2029, and 10% increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Goodyear is one of the most prominent auto-repair retailers in the world with 1,200+ locations across 22 countries. The brand is a fortune 500 company (#204 on the 2024 list) with $20 billion+ in annual sales and a current Market CAP of $2.4 billion (as of February 2025).

FOR SALE DETAILS

PRICE

$3,724,000 USD

PRICE/SF

$542 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Goodyear | Early Lease Extension | 10-Yr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

CBD

APN/PARCEL ID

106-632

ASK ABOUT THIS PROPERTY

Gary ChouSRS National Net LeaseMore Info
949-506-2012

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Gary ChouSRS National Net LeaseMore Info
949-506-2012

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