For Sale
$3,110,000

100 Juniper StCanton, GA 30114

Absolute NNN Leased Tires Plus

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 6,091 square foot, single-tenant retail building in Canton, Georgia. The property is 100% occupied by a credit-rated Tires Plus, a subsidiary of Bridgestone Retail Operations LLC, operating over 2200 locations nationwide. The tenant has a long-standing presence, having occupied the site since 2000 and exercised two lease option renewals. The absolute NNN lease structure provides a passive income stream with built-in rent increases. The current lease features three 5-year options with a 10% rent bump at each renewal, resulting in a pro-forma cap rate of 7.15% (next increase April 2027). The property boasts a strong location, situated on a signalized corner outparcel of a busy ALDI shopping center and the Riverstone Parkway Retail corridor. The asking price is $3,110,000, representing a current cap rate of 6.50% and a NOI of $202,086. The building, constructed in 2000, is zoned GC and offers significant near-term appreciation potential. This is a stabilized investment with a proven track record and a secure tenant. The property address is 100 Juniper St, Canton, GA 30114.

Highlights

  • Investment-grade tenant, Bridgestone Retail Operations LLC, with over 2200 nationwide locations.
  • Long-term tenant occupancy since 2000, with two lease renewals.
  • Triple-net (NNN) lease.
  • Strong near-term appreciation potential with 10% rent increase in April 2027 (7.15% cap rate).
  • High-visibility corner outparcel in a busy ALDI-anchored shopping center on the Riverstone Parkway retail corridor.

Property Details for 100 Juniper St

Property type
Retail properties, Auto shops
Square Feet
6,091 SF
Year Renovated
2000
Buildings
1
Units
1

Location Insight

City
Canton
County
Cherokee
State
Georgia
Latitude
34.244941617477
Longitude
-84.48636037776
100 Juniper St, Canton, Georgia

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100 Juniper St
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