Napa Auto Repair

2205 Riverside Parkway, Lawrenceville, Georgia

$2,200,000

Details

Price : $2,200,000
Cap Rate : 5%
NOI : 105253
Building Size : 5,750 Sq Ft
Year Built : 1999
Lease Type : Absolute NNN
Lease Expiration : 05/31/2035
Renewal Options : 2, 5-Year
Rental Increases : 2% Annual
Status : Available
Property Type : Retail

Investment Highlights

5704 square feet constructed in 1999 on 39,402 sf lot.
Pylon Signage - High traffic area in a densely populated area
220,000 people with avg. income of over $79,000 within 5 mile radius
8 bays with above ground electric lifts, 3 phase electric and air lines in place
Outstanding location across Kroger, Stein Mart, Petco, Walgreen's, Advance Auto, etc...

Description

This 5,704 square foot Napa Auto Repair (former Big 10 Tires) is located at 2205 Riverside Parkway in Lawrenceville, Georgia. The building was constructed in 1999 on a 39,402 square foot lot. Interstate 85 is approximately three miles from the site. The Interstate travels northeast-southwest through Alabama, South Carolina, North Carolina, and Virginia. Notable retailers in the immediate area include Kroger, Stein Mart, Petco, Walgreen’ s, Eckerd’ s, Advance Auto, FedEx Kinko’ s, Blockbuster, Jiffy Lube, Golden Corral, Waffle House, and Sonic.

Outstanding location across Kroger, Stein Mart, Petco, Walgreen’s, Advance Auto, and more. Pylon Signage – High traffic area in a densely populated area 220,000 people with avg. income of over $79,000 within 5 mile radius

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