721 Noah Dr - Retail FOR SALE


Jasper, GA 30143
$2,991,450 USD
332-345-4222
721 Noah Dr, Jasper, GA for Sale
$2,991,450 USD
Retail - FOR SALE
1/2
null | 6% Cap Rate

721 Noah Dr
Jasper, GA 30143


HIGHLIGHTS

  • Long-Term 20-Year NNN Sale-Leaseback
  • Strong Corporate Guarantee
  • Recession Resistent Due to Non Discretionary Nature of Services
  • Attractive Rent Increases and Renewal Options

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Mavis Discount Tire located at 721 Noah Drive, Jasper, GA 30143. The site consists of roughly 6,367 rentable square feet of building space on an estimated 1-acre parcel of land. This Mavis Discount Tire will be subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $179,487 and has scheduled increases of 5.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$2,991,450 USD

PRICE/SF

$470 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Discount Tire

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

030D-000-096-130

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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