For Sale
$4,000,000

318 Industrial Park RdDawsonville, GA 30534

Dawsonville, GA: NNN Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 5,344-square-foot Express Oil Change & Tire Engineers location in Dawsonville, Georgia. The property, built in 2018, sits on one acre and boasts a 20-year absolute triple-net (NNN) lease commencing December 10, 2023, and expiring December 9, 2043. The lease includes four 5-year renewal options and attractive 10% rent increases every five years, ensuring consistent income growth. The tenant, Express Oil Change & Tire Engineers, is backed by a corporate guarantee from Mavis Express Services TopCo Corp., a highly reputable company with a significant portfolio. This provides exceptional security and minimizes risk. The property enjoys a prime location, directly visible from US 19 GA 400 (38,700+ vehicles per day), a major thoroughfare connecting Atlanta to its northern suburbs. Its proximity to the North Georgia Premium Outlets, Georgia's largest outlet mall attracting over 3.2 million visitors annually, further enhances its desirability and potential for high traffic. Dawsonville itself is a thriving community, experiencing significant population growth (38.12% since 2020) and boasting a strong average household income of $100,731 within a 5-mile radius. The property's current Net Operating Income (NOI) is $230,000, resulting in a compelling 5.75% cap rate. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term growth potential in a rapidly expanding market. The asking price is $4,000,000.

Highlights

  • 20-Year Absolute NNN Sale-Leaseback with 10% rent increases every five years and four 5-year options.
  • Mavis Express Services TopCo Corp. guarantee; a best-in-class guarantee covering 1,100+ units.
  • Adjacent to North Georgia Premium Outlets, Georgia's largest outlet mall (541,000 SF, 140 stores), attracting over 3.2 million annual visitors.
  • High visibility from US 19 GA 400 (38,700+ VPD), a major north-south thoroughfare connecting Atlanta to its northern suburbs.
  • Located in affluent Dawsonville, GA, an Atlanta suburb with a $100,731 average household income (5-mile radius) and 38.12% population growth since 2020.

Property Details for 318 Industrial Park Rd

Property type
Retail properties, Auto shops
Square Feet
5,344 SF
Year Built
2018
Buildings
1
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Dawsonville
County
Dawson
State
Georgia
Latitude
34.36072291
Longitude
-84.0421452
318 Industrial Park Rd, Dawsonville, Georgia

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318 Industrial Park Rd
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