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Express Oil Change 1479 Hudson Bridge Rd

3,754 SF Retail Building Stockbridge, GA 30281 $2,251,000 ($600/SF) 6.50% Cap Rate

Investment Highlights

  • 18 Years Remaining, Absolute NNN Lease with 7% Increases Every 5 Years
  • Baypine LP and Investors Recently Acquired Mavis in 2021, Reportedly Valued the Company at $6 Billion Including Debt
  • Strong Unit-Level Sales Resulting in a Highly Profitable Location, 34% Year-Over-Year Sales Growth
  • Corporate Guaranty by Mavis Tire Express with 2,000+ Locations Across 27 States and $1.5 Billion in Revenue
  • Mavis Tire is the 2nd Largest Independent Tire Dealership Chain in the U.S.
  • Serving Rapidly Growing Suburb in South Metro Atlanta, One of the Fastest-Growing MSA’s in the U.S.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,754 SF
Building Class
B
Year Built
2008
Price
$2,251,000
Price Per SF
$600
Cap Rate
6.50%
NOI
$146,336
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.45 AC
Zoning
C3
Parking
20 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
92 FT on Hudson Bridge Rd

Nearby Major Retailers

Waffle House
Workout Anytime
Kroger
Navy Federal Credit Union
Bank of America
WNB Factory
Outback Steakhouse
La Hacienda
Chicken Salad Chick
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0032-01-023-021
Land Assessment
$91,360
Improvements Assessment
$124,400
Total Assessment
$215,760
  • Listing ID: 26042910

  • Date on Market: 6/28/2022

  • Last Updated:

  • Address: 1479 Hudson Bridge Rd, Stockbridge, GA 30281

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