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Corporate Mavis | Absolute NNN | Hard Corner 7110 Highway 85 8 000 pi² Commerce de détail Immeuble Riverdale, GA 30274 3 423 160 $ CAD (427,90 $ CAD/pi²) 6% Taux de capitalisation



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Faits saillants de l'investissement
- Absolute NNN Lease - Zero Landlord Responsibilities - Long-Term Corporate Lease
- ?Recent Roof Replacement - Reduced Capital Exposure ?New Roof Installed Under Warranty, Limiting Near-Term Landlord Risk Despite Absolute NNN
- ??Elite Placer.ai Foot Traffic Rankings – Dense National Retail Trade Area
- ?Below-Market Rent - Built-In Upside - ?Current Rent of $18.13 PSF Sits Below Prevailing Retail Rents Along the GA Highway 85 Corridor
- Dominant National Tenant - Largest Independent Tire Dealer in the Country - Mavis Tire Express Services Corp.: 3,500+ Owned and Franchised Locations
- High-Traffic Atlanta MSA Location – 50,800+ VPD at the Hard Corner
Résumé de l'annonce
We are pleased to present the opportunity to acquire a single-tenant, absolute NNN Mavis Tire asset in Riverdale, Georgia, in the heart of the Atlanta MSA.? The property is 100% leased to Mavis Southeast LLC, a corporate location of Mavis Tire Express Services Corp.?, the largest independent tire dealer in the country, with 7.3 years of firm term remaining and zero landlord responsibilities.?
Strategically positioned at the signalized intersection of GA Highway 85 and Lamar Hutcheson Parkway – one of Clayton County's most dominant retail corridors – the asset benefits from combined traffic counts of 50,800+ vehicles per day at the hard corner, just minutes from Hartsfield-Jackson Atlanta International Airport, the busiest airport in the world by passenger volume and the single largest employment center in the State of Georgia.? The surrounding trade area is densely packed with national retailers, with the corridor anchored by Walmart Supercenter, Home Depot, Chase Bank, T-Mobile, Chipotle, Dunkin', Pizza Hut, and Pep Boys, among others.? The 0.829-acre site offers an efficient service-bay layout with strong visibility and access along this dense, well-established retail corridor.?
Placer.?ai foot traffic data underscores the strength of the location: the subject Mavis ranks the #2 store out of 9 Mavis locations within a 15-mile radius, while neighboring national retailers post some of the strongest performance rankings in the state, including Walmart Supercenter (Top 83% in Georgia), Chipotle (Top 88% in Georgia), Dunkin' (Top 88% in Georgia), Pizza Hut (Top 96% in Georgia), Pep Boys (Top 90% in Georgia), T-Mobile (Top 81% in Georgia), and Chase Bank (Top 97% in Georgia, $106M in deposits).? The trade area is further reinforced by Riverdale Middle School, with an enrollment of approximately 700 students, supporting consistent daytime population in the immediate vicinity.?
The asset is offered at a below-market rent of $18.13 PSF, providing a buyer with rent growth potential alongside contractual 10% increases every five years through four 5-year option periods.? The building recently had a new roof installed under warranty, further reducing near-term capital exposure despite the absolute NNN structure.?
This offering represents a compelling opportunity to acquire a passive, recession-resistant automotive service investment backed by a dominant national operator, in one of the most heavily trafficked submarkets in the greater Atlanta metro area.?
Exclusively Listed in association with Brian Brockman | License No.? 378952
Strategically positioned at the signalized intersection of GA Highway 85 and Lamar Hutcheson Parkway – one of Clayton County's most dominant retail corridors – the asset benefits from combined traffic counts of 50,800+ vehicles per day at the hard corner, just minutes from Hartsfield-Jackson Atlanta International Airport, the busiest airport in the world by passenger volume and the single largest employment center in the State of Georgia.? The surrounding trade area is densely packed with national retailers, with the corridor anchored by Walmart Supercenter, Home Depot, Chase Bank, T-Mobile, Chipotle, Dunkin', Pizza Hut, and Pep Boys, among others.? The 0.829-acre site offers an efficient service-bay layout with strong visibility and access along this dense, well-established retail corridor.?
Placer.?ai foot traffic data underscores the strength of the location: the subject Mavis ranks the #2 store out of 9 Mavis locations within a 15-mile radius, while neighboring national retailers post some of the strongest performance rankings in the state, including Walmart Supercenter (Top 83% in Georgia), Chipotle (Top 88% in Georgia), Dunkin' (Top 88% in Georgia), Pizza Hut (Top 96% in Georgia), Pep Boys (Top 90% in Georgia), T-Mobile (Top 81% in Georgia), and Chase Bank (Top 97% in Georgia, $106M in deposits).? The trade area is further reinforced by Riverdale Middle School, with an enrollment of approximately 700 students, supporting consistent daytime population in the immediate vicinity.?
The asset is offered at a below-market rent of $18.13 PSF, providing a buyer with rent growth potential alongside contractual 10% increases every five years through four 5-year option periods.? The building recently had a new roof installed under warranty, further reducing near-term capital exposure despite the absolute NNN structure.?
This offering represents a compelling opportunity to acquire a passive, recession-resistant automotive service investment backed by a dominant national operator, in one of the most heavily trafficked submarkets in the greater Atlanta metro area.?
Exclusively Listed in association with Brian Brockman | License No.? 378952
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
8 000 pi²
Classe d’immeuble
C
Année de construction
1988
Prix
3 423 160 $ CAD
Prix par pi²
427,90 $ CAD
Taux de capitalisation
6%
Revenu net d’exploitation
205 390 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,22
Taille du lot
0,83 AC
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
- Mavis
- Hébergement et services alimentaires
- 8 000 pi²
- 25,68 $ CAD
- Loyer hypernet
- Oct. 2033
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
| Mavis | Hébergement et services alimentaires | 8 000 pi² | 25,68 $ CAD | Loyer hypernet | Oct. 2033 |
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
40/100
Relativement accessible en vélo
20/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 13-0170D-00B-013 | Évaluation des bâtiments | 497 524 $ CAD |
| Évaluation du terrain | 157 796 $ CAD | Évaluation totale | 655 320 $ CAD |
Impôts fonciers
Numéro de lot
13-0170D-00B-013
Évaluation du terrain
157 796 $ CAD
Évaluation des bâtiments
497 524 $ CAD
Évaluation totale
655 320 $ CAD
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Corporate Mavis | Absolute NNN | Hard Corner | 7110 Highway 85
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