Strickland Brothers 6874 Hickory Rd 1,725 SF Retail Building Woodstock, GA 30188 $2,100,000 ($1,217.39/SF) 6.75% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Brand New Construction Single-Tenant Strickland Brothers 10-Minute Oil Change: Absolute NNN lease with zero landlord responsibilities
250+ locations nationwide
Average household incomes exceed $159,000 within a 3-mile radius Over 46% increase in population within a 1-mile radius from 2010-2020

15-year initial lease term with four 5-year options Fee simple investment ideal for bonus depreciation (land and building)
Situated Across From Class A Kroger Anchored Shopping Center: Strickland strategically leased the subject property to capture the daily needs traffic

EXECUTIVE SUMMARY

Absolute NNN 15-Year Lease • Brand-New Construction • Affluent Demographics; $159,000+ AHHI

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Auto Repair

Building Size

1,725 SF

Building Class

Year Built

2023

Price

$2,100,000

Price Per SF

$1,217.39

Cap Rate

6.75%

NOI

$141,685

Tenancy

Single

Building Height

1 Story

Building FAR

0.08

Lot Size

0.51 AC

Zoning

Frontage

176’ on Hickory Road

MAJOR TENANTS

Services
-
-
Sep 2038

Established in 2016, Strickland Brothers 10-Minute Oil Change strives to be a breath of fresh air in the auto industry. Their mission at Strickland Brother’s 10 Minute Oil Change is to exceed the expectations of every customer by setting and meeting service standards that are innovative and centered around the highest level of service, every time. They aim to provide dependable services and quality products for a fair price in a friendly, honest and accommodating environment. They will never pressure you to buy any service or part, or recommend any service that is not immediately needed. They take pride in providing their customers with fast and friendly oil change and preventative maintenance services. Stop by one of their convenient locations and discover the difference of fast and friendly hometown service!