Texaco Strip Center | Absolute NNN Net Lease Investment

Highlights:

• Absolute Net Lease (NNN) – Tenant is Responsible For All Expenses Including Roof, Structure, Insurance, Taxes and Common Area Maintenance
• 83% Occupied Multi-Tenant Location With a Strong C-Store Tenant as a Master Lease With Annual 1.25% Rent Increases
• Gas Station Makes Up 63% of the Center: Entire Property Allows For Accelerated Depreciation (Contact CPA)
• Over $300,000 in Renovations, Facelift, New AC and Coolers in 2019
• COVID and Recession Proof Tenants
• Extremely Dense Population
• Prized Location With Multiple Ingress/Egress
• Strategically Located Between Two Major Highways, Interstate 85 With Over 266,900 VPD and GA State Route 316 With Over 106,500 VPD
• Located Within 1-Mile of Fountain Park Academy, Baggett Elementary School and CISCO Systems Headquarter/Campus
• Half-Mile From Gwinnett School of Mathematics, Science and Technology (GSMST) “Top 3 Best High Schools in the U.S.” and “Top High School in GA” and “#20 Top STEM Actual Property Image Schools of America”
• Other Nearby Tenants Include: Chick-fil-A, Starbucks, Taco Bell, Publix, Wendy’s, Burger King, Panera Bread, Kroger, McDonald’s, Dunkin’ and More

Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 12,476 SF Texaco Strip Center Located at 2074 Old Norcross Road in Lawrenceville, Georgia. This Deal Includes a 83% Occupied Multi-Tenant Opportunity With 4 Tenants That All Have an Absolute Triple Net Lease, Providing For a Secure Investment With a Value-Add Component.




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

Documents: