Investment Overview
Explore a prime retail opportunity in the vibrant Douglasville area with this impressive 3,950 SF free-standing building. Built in 1998 and thoughtfully renovated in 2008, this property offers modern functionality within a well-established setting. Zoned PUD to accommodate a range of retail applications, the building boasts 100% occupancy, presenting an attractive prospect for retail investors seeking a lucrative asset. With its strategic location and remarkable potential, this property is poised to deliver a high-impact investment opportunity in the thriving Douglasville market.
Investment Highlights
- BONUS DEPRECIATION - Property may qualify for accelerated depreciation through a cost segregation study. Consulting your Accountant or Tax Attorney is advised.
- 15+ YEARS REMAINING ON ABSOLUTE NNN LEASE - Long-term lease structure with zero landlord responsibilities and 7% rental increases every 5 years, providing predictable income growth.
- STRONG CORPORATE GUARANTY - Lease backed by Mavis Tire Express, a leading national tire and automotive service operator with approximately 3,600 locations nationwide.
- INSTITUTIONALLY BACKED TENANT - Mavis was acquired by BayPine and TSG Consumer Partners in 2021 in a transaction reportedly valuing the company at approximately $6 billion including debt.
- STRONG UNIT-LEVEL PERFORMANCE - Location benefits from strong and upward-trending store sales, supporting attractive unit-level profitability and long-term tenant viability.
- HIGH-VISIBILITY I-20 LOCATION - Property benefits from exposure to 112,000+ vehicles per day, along with prominent monument signage visible from Interstate 20.
- DENSE & AFFLUENT ATLANTA SUBURB - Located approximately 24 miles west of Downtown Atlanta with average household income exceeding $89,000 within 3 miles and continued surrounding population growth.
- MAJOR REGIONAL RETAIL HUB - Strategically positioned within a dense retail corridor anchored by the 1.1 million-square-foot Arbor Place Mall and numerous national retailers.
- STRONG DAYTIME POPULATION - More than 25,000 employees within the immediate trade area provide substantial daytime consumer demand.
- PROXIMITY TO MAJOR HEALTHCARE & SCHOOLS - Minutes from the recently expanded Wellstar Douglas Hospital campus and several K-12 schools serving more than 6,000 students.
- STRATEGIC ATLANTA MSA LOCATION - Approximately 27 miles from Hartsfield-Jackson Atlanta International Airport, providing convenient connectivity to one of the nation’s largest economic and transportation hubs.