Discount Tire

Investment Overview

This investment opportunity consists of a single-tenant Discount Tire property located at 1665 Highway 138 in Conyers, Georgia. The property is leased to Halle Properties, L.L.C., for the operation of a Discount Tire/America’s Tire store. The lease commenced on October 13, 2011 through October 31, 2031, providing investors with long-term income from an established tenant. The lease is structured as an absolute NNN lease, which provides a passive ownership opportunity with limited landlord obligations and reduced exposure to operating expenses.

Investment Highlights

• • Single-tenant Discount Tire location leased to Halle Properties, L.L.C., providing long-term occupancy by an established automotive service tenant
• • Absolute NNN lease structure with the tenant responsible for taxes, insurance, utilities, maintenance, repairs, and replacements
• • Long-term lease in place through October 31, 2031.
• • Six additional 5-year renewal options, with 5% increases each option, providing the potential for long-term tenancy beyond the initial lease term
• • Over 92K residents live within 5 miles of the site, with average household incomes exceeding $106K and projected to reach $128,600 within 5 years, supporting strong consumer spending and long-term growth.
• • Major retail corridor with 45,000 cars passing per day.
• • Nearby retail tenants include Kroger, Publix, Target, LA Fitness, Sprouts, and many more.