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Take 5 Oil Change | Absolute Triple Net (NNN) Ground Lease

$900,000

3075 Johnson Ferry Road, Marietta, GA 30062

Pending
Last Updated: 06/01/2021

6

Cap Rate

54,000

NOI

Details:
Cap Rate:    6%
NOI:    $54,000
Building Size:    1,876 sqft
Lot Area:    0.48 acres
Lease Type:    Absolute Net
Year Built:    1995
Price Per Sqft:    $479.74
Property Taxes, Insurance, Common Area, Roof & Structure :    Tenant’s Responsibility
Repairs, Maintenance, HVAC & Utilities :    Tenant’s Responsibility
Highlights:
  • Attractive Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities
  • Corporately Guaranteed Lease By Driven Systems, LLC –Which Includes Over 516 Take 5 Oil Change Locations and More Than 2,000 Other Automotive-Related Locations Across the United States
  • Take 5 Oil Change Has Been in Business For Over 33 Years and Has Designed the First “5 Minute Drive-Thru Oil Change” Where Customers Can Stay in Their Car During the Process
  • Ideally Situated Along a Heavy Retail Corridor and Adjacent to a Walmart Supercenter
  • Affluent Neighborhood - Located in a Dense Residential Area With a Population of Over 65,758 Residents Making an Average Household Income of $166,556 Within a 3-Mile Radius
  • Located About 11-Miles From Kennesaw State University Which Serves Over 44,000 Students and Staff; It is the 3rd Largest University By Enrollment in GA
  • Dobbins Air Reserve Base ( Just 10-Miles Away) is the Home Station of the 94th Airlift Wing (94 AW) of the Air Force Reserve Command (AFRC) and its Fleet of C-130 Hercules Aircraft , and is Also the Location of the Headquarters For AFRC's Twenty-Second Air Force (22 AF); It And The Lockheed Martin Manufacturing Plant Are Among the Major Industries of Marietta
  • Marietta is Just 25-Miles From Downtown Atlanta and is Considered One of its Largest Suburbs; It is Also Home to the “Big Chicken”; One of KFC’s Restaurants Featuring a 56’ Tall Steel - Sided Structure in the Design of a Chicken
  • Nearby Tenants Include: YMCA, Publix, Kroger , Walmart Supercenter , McDonald’s, Walgreens, IHOP, Ace Hardware, Zaxby’s, Papa John’s, Wells Fargo, Chase Bank and More
Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,876 SF Take 5 Oil Change at 3075 Johnson Ferry Road in Marietta, GA. This Opportunity Includes an Attractive Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.

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

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