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318 Industrial Park RdDawsonville, GA 30534
Express Oil Change & Tire Engineers - 318 Industrial Park Rd
Asset ClassRetail
Cap Rate5.25%
Cap Rate: 5.25%Square Feet: 5,344Weighted Average Lease Term: 20 YearsAccess Data Room
New 20-Year Absolute Triple-Net Lease Adjacent to Region Dominating Shopping Destination
overview of deal

Overview

Price: $4,381,000

Cap Rate: 5.25%

Tenant: Mavis Express Services

Lot Size (AC): 1.00

Building Size (SF): 5,344

Year Built: 2018

Remaining Lease Term: 20 Years

Lease Type: Absolute Triple-Net (NNN)

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Investment Highlights

Cap Rate
5.25%
Land
1 Acres
Weighted Average Lease Term
20 Years
  • 20 Year Absolute Triple-Net (NNN) Sale Leaseback 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, Brakes Plus, & Mavis Tires & Brakes
  • Adjacent to Region Dominating Shopping Destination, North Georgia Premium Outlets. The 541,000 SF outlet center is the largest in Georgia and home to 140 stores. Per Placer.ai, the outlets receive over 3.2 million visitors annually ranking them 84th of 1,650 (94th percentile) shopping centers in the state.
  • Direct Visibility along US 19 GA 400 (38,700+ VPD), a primary north/south thoroughfare that connects downtown Atlanta to the Northern Suburbs
  • Located Dawsonville, GA, an affluent northern suburb of Atlanta - $100,731 AHHI within a 5-mile radius. Dawsonville is located 45 minutes north of Atlanta and accessed via US 19. Dawsonville has seen explosive population growth of 38.12% since 2020.
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318 Industrial Park RdDawsonville, GA 30534

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Listing provided by Revere CRE