For Sale
$3,877,572

257 Dekalb Industrial WayDecatur, GA 30030

High-yield NNN lease, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a ±19,350 square foot, single-tenant auto repair facility located at 257 Dekalb Industrial Way, Decatur, GA 30030. The property, built in 1958 and extensively renovated in 2024 ($250,000 in improvements), sits on approximately 1.69 acres and includes ±40 parking spaces. The building is currently leased to True Automotive under a corporate-guaranteed, Triple Net (NNN) lease with a 15-year initial term and four 5-year renewal options. Rent increases by 10% every five years, providing excellent inflation protection. The current Net Operating Income (NOI) is $271,430, representing a 7.00% cap rate on the asking price of $3,877,572. A portion of the property (approximately 10%) is subleased for $42,000 annually, though this area lacks direct street access. This turnkey investment offers a secure, long-term income stream with a strong, established tenant in a desirable location. The property's recent renovations include a completely updated lobby, ensuring a modern and appealing space for the tenant and future growth. The lease structure, combined with the tenant's financial strength and the property's strategic location, makes this an attractive opportunity for investors seeking stable, long-term returns.

Highlights

  • 19,350 SF freestanding auto repair building on Dekalb Industrial Way, Decatur, GA, with a single tenant.
  • $250,000 in interior renovations completed in 2024.
  • Absolute NNN lease with corporate guaranty.
  • 15-year initial lease term with four 5-year options at 10% rent increases.
  • Occupied by TRUE Automotive, a rapidly expanding upscale auto repair brand.

Property Details for 257 Dekalb Industrial Way

Property type
Retail properties, Auto shops
Square Feet
19,350 SF
Year Built/Renovated
1958/2024
Stories
1

Location Insight

City
Decatur
County
DeKalb
State
Georgia
Latitude
33.783064714762
Longitude
-84.275799694038
257 Dekalb Industrial Way, Decatur, Georgia

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
257 Dekalb Industrial Way
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message