For Sale
For Sale
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Year Built
1986
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Overview
We are pleased to exclusively offer to qualified investors the opportunity to purchase a fee simple NNN investment opportunity that is leased to Bridgestone Retail Operations, LLC dba Tires Plus, and Clear Channel Outdoor (billboard). Tires Plus has a proven record of success at this location, and offers an inflation hedge via meaningful – 10% -- rent increases every five years. Successfully operating as an auto repair/service retailer since 1994, the property enjoys frontage on Piedmont Road, which is a major in-town traffic corridor with over 40,000 vehicles per day passing by the front door of the site. This is a rare opportunity to acquire a strong retailer on a high-profile site in Atlanta’s Buckhead submarket.
Cream of the Crop Buckhead location: The property serves a densely populated and wealthy trade area, with 130,000± people with an average household income exceeding $123,000± within a 3-mile radius.
Strong Traffic Counts at a High Profile Location on a dominant traffic corridor: 40,700± cars per day pass by the subject property along Piedmont Rd.
Net-Lease structure: Tenant is responsible for taxes, insurance, maintenance and utilities.
Job growth: Ranked #2 in the country for job growth, and forecast to add 1.5 million jobs by 2040
Population growth: Ranked #4 in the country for population growth, and forecast to add 2.5 million people by 2040. Demographics and the densifying of Atlanta create favorable long-term conditions for well-located commercial real estate.
Internet-Proof and Recession-Proof Commercial Real Estate: Automotive Services is necessity-based and internet-proof, the most favored class of retail property investment.
Property Details
We are pleased to exclusively offer to qualified investors the opportunity to purchase a fee simple NNN investment opportunity that is leased to Bridgestone Retail Operations, LLC dba Tires Plus, and Clear Channel Outdoor (billboard). Tires Plus has a proven record of success at this location, and offers an inflation hedge via meaningful – 10% -- rent increases every five years. Successfully operating as an auto repair/service retailer since 1994, the property enjoys frontage on Piedmont Road, which is a major in-town traffic corridor with over 40,000 vehicles per day passing by the front door of the site. This is a rare opportunity to acquire a strong retailer on a high-profile site in Atlanta’s Buckhead submarket.
Cream of the Crop Buckhead location: The property serves a densely populated and wealthy trade area, with 130,000± people with an average household income exceeding $123,000± within a 3-mile radius.
Strong Traffic Counts at a High Profile Location on a dominant traffic corridor: 40,700± cars per day pass by the subject property along Piedmont Rd.
Net-Lease structure: Tenant is responsible for taxes, insurance, maintenance and utilities.
Job growth: Ranked #2 in the country for job growth, and forecast to add 1.5 million jobs by 2040
Population growth: Ranked #4 in the country for population growth, and forecast to add 2.5 million people by 2040. Demographics and the densifying of Atlanta create favorable long-term conditions for well-located commercial real estate.
Internet-Proof and Recession-Proof Commercial Real Estate: Automotive Services is necessity-based and internet-proof, the most favored class of retail property investment.
- Property TypeRetail
- Submarket
- Year Built1986
- Sale Price$5,200,000
- Total Acres0.11
- Property ID2038327