Jiffy Lube - Stone Mountain, GA 1247 S Hairston Rd

2,024 SF Retail Building Stone Mountain, GA 30088 $1,146,600 ($567/SF) 6.25% Cap Rate

Investment Highlights

  • Long Term 9-Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Strong Corporate Guarantee From Shell (NYSE)
  • Location Has Easy Access to Loop 285 and Downtown Atlanta (16- Miles)
  • 5% Rent Bumps Every Three Years Provide Strong Hedge Against Inflation
  • Adjacent to the Crowe’s Crossing Shopping Center Located Along S Hairston Road Which Has a Traffic Count of Over 25,500 VPD
  • Stone Mountain Park, Home to the World’s Largest Single Piece of Exposed Granite, is Just 7-Miles Away & is the Most Visited Destination

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,024 SF Jiffy Lube Located at 1247 South Hairston Road in Stone Mountain, GA. This Deal Includes a Long Term 9 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities and 5% Rent Bumps Every Three Years Provide Strong Hedge Against Inflation, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,024 SF
Building Class
C
Year Built
1986
Price
$1,146,600
Price Per SF
$567
Cap Rate
6.25%
NOI
$71,663
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.78 AC
Zoning
C1, DeKalb County
Parking
25 Spaces (6.18 Spaces per 1,000 SF Leased)
Frontage
160 FT on Hairston Rd

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Jiffy Lube
  • Retailer
  • 2,024 SF
  • $35.41
  • Triple Net
  • Sep 2033
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Jiffy Lube Retailer 2,024 SF $35.41 Triple Net Sep 2033

Nearby Major Retailers

Golden Krust
Kroger
WNB Factory
Waffle House
Boston Market

PROPERTY TAXES

  • Listing ID: 33878574

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 1247 S Hairston Rd, Stone Mountain, GA 30088