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Classic Collision | 12yr Corp NN 2319 Sparta Way 9,828 SF Retail Building Buford, GA 30519 $3,350,208 CAD ($340.88 CAD/SF) 6.25% Cap Rate



INVESTMENT HIGHLIGHTS
- Corporate Guaranteed Lease | Over 12 Years Remaining | Options to Extend | Top Performing Location
- Adjacent to Kroger & Publix Anchored Center | Dense Corridor
- NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased, Classic Collision investment property located in Buford, Georgia. The tenant, Classic Collision, LLC, recently signed a long-term lease with over 12 years remaining, along with three (3) additional five-year extension options, demonstrating their strong commitment to the site. The lease features fixed rental increases throughout the initial term and at the beginning of each option period, providing steadily growing NOI and a natural hedge against inflation. The lease is NN with minimal landlord responsibilities, making it an ideal, low management investment opportunity for a passive, out-of-state investor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,828 SF
Building Class
B
Year Built
2016
Price
$3,350,208 CAD
Price Per SF
$340.88 CAD
Cap Rate
6.25%
NOI
$209,388 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.55 AC
Zoning
MUNI
Parking
9 Spaces (0.92 Spaces per 1,000 SF Leased)
AMENITIES
- Dedicated Turn Lane
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Classic Collision
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Classic Collision | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15-0041J-00-007 | Improvements Assessment | $510,802 CAD |
| Land Assessment | $284,603 CAD | Total Assessment | $795,405 CAD |
PROPERTY TAXES
Parcel Number
15-0041J-00-007
Land Assessment
$284,603 CAD
Improvements Assessment
$510,802 CAD
Total Assessment
$795,405 CAD
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Classic Collision | 12yr Corp NN | 2319 Sparta Way
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