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620 Stanley K Tanger Blvd 14,704 SF Retail Building Locust Grove, GA 30248 $9,489,090 CAD ($645.34 CAD/SF) 5.75% Cap Rate
Investment Highlights
- Long-term Absolute NNN structure - 15-year primary term, two five-year renewal options and 10% rent increases every five years, including option perio
- I-75 visibility – 95,000+ VPD - Site Access off of Stanley K. Tanger Boulevard positions the site near Tanger Outlets, Walmart and established corrido
- Corporate Guarantee from 1,850+ Store Operator - Largest collision repair chain in the US. Operates in 42 states.
Executive Summary
A build-to-suit Caliber facility on 1.50± acres combines a long-term Absolute NNN lease, corporate guaranty, scheduled rental growth and I-75 corridor visibility to create a truly passive, low risk investment in a high-growth Atlanta submarket.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Building Size
14,704 SF
Building Class
B
Year Built
2027
Construction Status
Under Construction
Price
$9,489,090 CAD
Price Per SF
$645.34 CAD
Cap Rate
5.75%
NOI
$545,623 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.50 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Caliber Collision
- -
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Caliber Collision | - | - | - | Triple Net | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 6
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620 Stanley K Tanger Blvd
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