Riverdale Retail for Sale - North Clayton/Airport
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
