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2385 Peachtree PkwyCumming, GA 30041
Express Oil Change & Tire Engineers - 2385 Peachtree Pkwy
Asset ClassRetail
Cap Rate5.25%
Cap Rate: 5.25%Square Feet: 4,728Weighted Average Lease Term: 20 YearsAccess Data Room
New 20-Year Absolute Triple-Net Lease w/ Affluent Demographics
overview of deal

Overview

Price: $3,809,000

Cap Rate: 5.25%

Tenant: Mavis Express Services

Lot Size (AC): 1.01

Building Size (SF): 4,728

Year Built: 2007

Remaining Lease Term: 20 Years

Lease Type: Absolute Triple-Net (NNN)

Access the Data Room

Investment Highlights

Cap Rate
5.25%
Land
1.01 Acres
Weighted Average Lease Term
20 Years
  • New 20 Year Absolute Triple-Net (NNN) Lease with attractive 10% increases every 5 years and 4 x 5-Year Options
  • Mavis Express Services TopCo Corp. Guaranty – Best in Class Guaranty – 1,100+ units including all Express Oil Change (356 locations), Brakes Plus (155 locations), & Mavis Tires & Brakes (1,484 locations)
  • Outparcel to Walmart Supercenter and adjacent to Target and Home Depot seeing a combined 2.9 million annual visits
  • Direct Visibility along Peachtree Pkwy (26k+ VPD) with efficient North and Southbound Ingress and Egress.
  • Located in an extremely affluent suburb of Atlanta (Cumming, GA) - $194,193 AHHI within a 3-mile radius. Complimented by a growing population expected to grow 13.5% by 2027
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2385 Peachtree PkwyCumming, GA 30041

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Listing provided by Revere CRE