Havoline Xpress Lube | Triple Net (NNN) Lease

2671 S Cobb Drive SE, Smyrna, GA

   SOLD!   

$937,750

Price

6%

Cap Rate

$56,265

NOI

Gallery
Street
Map
Overview
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
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

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
Documents
Title
OM
View
Location
Gallery