1199 Bullsboro Dr | Newnan, GA 30265
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- LoopNet Team
1199 Bullsboro Dr
Newnan, GA 30265
Express Oil Change · Retail Property For Sale
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, 21% Year-Over-Year Growth
- Corporate Guaranty by Mavis Tire Express with 2,000+ Locations Nationwide and $1.5 Billion in Revenue
- Mavis Tire is the 2nd Largest Independent Tire Dealership Chain in the U.S.
- Serving Over 55,000 Residents in Rapidly Expanding Atlanta Suburb, 35 Miles Southwest of Downtown Atlanta
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,221 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.88 AC
Zoning
1
Parking
28 Spaces (8.69 Spaces per 1,000 SF Leased)
Frontage
187 FT on Bullsboro Dr
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | W02-390 | Improvements Assessment | $165,854 |
| Land Assessment | $184,267 | Total Assessment | $350,121 |
PROPERTY TAXES
Parcel Number
W02-390
Land Assessment
$184,267
Improvements Assessment
$165,854
Total Assessment
$350,121
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