NAPA Auto Parts | Long Term Operating History

$806,000

103 Petrol Point, Peachtree City, GA 30269

For Sale

Retail Free Standing

Active

Last Updated: 04/19/2021

Details:

Cap Rate: 7.5%

NOI: $60,428

Building Size: 4,800 sqft

Lot Area: 0.86 acres

Year Built: 1999

Price Per Sqft: $167.92

Roof & Structure: Landlord’s Responsibility

HVAC: Landlord - Any HVAC Repairs in Excess of $1,000 Per Lease Year

Repairs & Maintenance: Responsibilities Vary

Offered by

Harry Archer

Sands Investment Group

#Lic. # 388927

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Andrew Ackerman

Managing Director

Sands Investment Group

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Highlights:

Long-Term Operating History as a NAPA Auto Parts Store; Genuine Parts Corporation (GPC) Recently Showed Commitment to the Location By Acquiring the Business Now Corporately-Run
Essential Business – Open and Paying Full Rent Throughout Pandemic
NAPA is Owned By Atlanta Based Genuine Parts Company and Has Over 17,000 Locations in the U.S. and Abroad
NAPA Auto Parts Historically Performs Very Well in Recessionary Environments Due to Increase in Age of Vehicles and DIY Repairs
5% Base Rent Increase at Each Option
Located Directly Across From the McIntosh High School and In Front of a Brand New Apartment Complex Development
Excellent Access and Visibility Along Highway 54 Which Sees Over 46,600 Vehicles Per Day
Peachtree City is Located in Atlanta’s MSA and is Located About 37-Miles From Uptown Atlanta
Nearby Tenants Include: Publix, Zaxby’s, Starbucks, McDonald’s, Chick-fil-A, Home Depot, ALDI, Dunkin’, Waffle House, Walmart Supercenter and More

Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,800 SF NAPA Auto Parts at 103 Petrol Point in Peachtree City, GA. This Opportunity Includes a High Quality Tenant That is Owned By Atlanta Based Genuine Parts Company and Has Over 17,000 Locations in the U.S. and Abroad, Providing For a Secure Investment.

In Cooperation With Sands Investment Group Atlanta, LLC - Lic. # 67374