6541 Tara Blvd - Auto Repair FOR SALE


Jonesboro, GA 30236
$1,914,000 USD
424-389-0582
6541 Tara Blvd, Jonesboro, GA for Sale
$1,914,000 USD
Auto Repair - FOR SALE
1/4
null | 7% Cap Rate

6541 Tara Blvd
Jonesboro, GA 30236


HIGHLIGHTS

  • 2-Tenant retail outparcel to 120,000 SF shopping center.
  • Grease Monkey Retail Strip: Strong regional franchisee.
  • Lease features 10% rent increases every 5 years and 3% annual increases commenced in February 2025.
  • Diversified tenant mix with recession-resistant businesses.
  • Highly visible corner parcel with 62,000 vehicles passing daily.

OVERVIEW

Grease Monkey Retail Strip - Jonesboro, GA A prime 2-tenant retail outparcel situated at a highly visible corner with 62,000 vehicles passing daily. Anchored by the Grease Monkey retail strip, this property benefits from a strong regional franchisee and a diversified tenant mix of recession-resistant businesses. The lease features favorable terms, including 10% rent increases every five years and 3% annual increases starting in February 2025, ensuring consistent income growth.

FOR SALE DETAILS

PRICE

$1,914,000 USD

PRICE/SF

$534 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

GB

APN/PARCEL ID

13-0142D-00E-002

ASK ABOUT THIS PROPERTY

Joshua BergerCentury Partners Real Estate Inc.More Info
424-389-0582

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Joshua BergerCentury Partners Real Estate Inc.More Info
424-389-0582

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