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1608 US-19
Leesburg, GA 31763
American Lube Fast - NN+ Sale · Retail Property For Sale

Investment Highlights

  • 29,000 Cars Per Day Traffic Count
  • Strong Value Add Opportunity with upcoming lease renegotiation
  • Tenant Sales Growing Annually YoY for last 5 years

Executive Summary

Blokk Commercial Real Estate is pleased to present 1608 US-19, Leesburg, GA - a newly executed corporate NN+ investment opportunity leased directly to Grease Monkey International, LLC. The property is situated on 0.62 acres along Highway 19, one of Leesburg's most active retail corridors with 29,000+ VPD, and is surrounded by national co-tenants including Publix, Walgreens, Chick-fil-A, and Zaxby's. The asset features a freshly signed 15-year NN+ lease with Grease Monkey International, LLC (corporate), commencing May 2026, with four 5-year renewal options providing a potential total term through 2061. The lease includes 10% rent escalations every five years, delivering predictable, growing income with minimal landlord responsibilities. Automotive service centers, particularly quick lube and preventive maintenance concepts, represent one of the most resilient categories in the investment space - offering internet-resistant, needs-based demand driven by an aging national vehicle fleet and consistent consumer traffic. With a direct corporate tenant, long-term lease certainty, and a proven high-traffic location, this offering represents a compelling opportunity for investors seeking stable yield in a growing South Georgia market.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,139 SF
Building Class
C
Year Built
2002
Price
$1,723,675 CAD
Price Per SF
$805.83 CAD
Cap Rate
7.60%
NOI
$130,999 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.62 AC
Zoning
C3 - C-3 zoning is defined as a Highway Commercial District.
Frontage
100’ on HW 19

Amenities

  • Dedicated Turn Lane
  • Signage
  • Listing ID: 38142704

  • Date on Market: 2025-10-20

  • Last Updated:

  • Address: 1608 US-19, Leesburg, GA 31763

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