Havoline Xpress Lube | Triple Net (NNN) Lease
$937,750
2671 S Cobb Drive SE, Smyrna, GA 30080
For Sale
Special Purpose
Active
Last Updated: 03/22/2021
6
Cap Rate
56,265
NOI
Details:
Cap Rate: 6%
NOI: $56,265
Building Size: 2,829 sqft
Lot Area: 1.42 acres
Year Built: 1988
Price Per Sqft: $331.48
Roof and Structure: Tenant’s Responsibility
HVAC: Tenant’s Responsibility
Repairs and Maintenance: Tenant’s Responsibility
Highlights:
- Approximately 11 Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Strong National Guarantee – Grease Monkey International, Inc Has Over 300 Locations in the United States and Over 500 Internationally
- Founded in 1978, Grease Monkey is the Nation’s Largest Independent Franchisor of Automotive Oil Change Centers Serving More Than 2 Million Customers Each Year
- Coupon Clipper Investment – STNL Asset – Brings Strong Stream of Income With No Property Oversight and Management
- Located in a Densely Populated Residential Area, With Limited Competition
- High Traffic Retail Corridor With Great Visibility and Ease of Access
- Established Location With Excellent Demographics – Over 92,580 Residents Live Within a 3-Mile Radius With an Average Household Income of $72,703
- Situated on S Cobb Drive Which Sees Over 33,500 VPD
- Nearby Tenants Include: Adventure Outdoors, Wendy’s, Walgreens, Kroger, Chick-fil-A, Smoothie King, Starbucks, AutoZone, Goodwill, Dollar Tree and More
Description:
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,829 SF Havoline Xpress Lube at 2671 S Cobb Drive SE in Smyrna, Georgia. This Opportunity Includes a Triple Net (NNN) Lease With a Strong National Guarantee That Has Over 300 Locations in the U.S. , Providing For a Unique Investment.
In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374
Documents:
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Location
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