Nissan Car Dealership
For Sale
Contact for pricing
1050 Lafayette Pkwy, Lagrange, GA 30241
Nissan dealership on 4.87 acres with a new 8-year net lease and CPI rent bumps every two years.
Property SizeContact for details
Days on Market120
Property Features for 1050 Lafayette Pkwy
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Atlanta
Listed By:
Tim Giambrone · License #GA 265556
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 6:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Atlanta
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present for purchase the Nissan car dealership in LaGrange, GA. The property is subject to a new 8-year NN lease with minimal landlord responsibilities, with CPI rent bumps every two years. An appraisal was completed in October 2020.
The asset sits on a large 4.87-acre parcel along the main retail corridor, across from the Walmart Neighborhood Center.
According to the provided materials, the dealership has averaged a monthly NOI of around $100,000. Operators have combined assets of around $50MM.
The asset sits on a large 4.87-acre parcel along the main retail corridor, across from the Walmart Neighborhood Center.
According to the provided materials, the dealership has averaged a monthly NOI of around $100,000. Operators have combined assets of around $50MM.
Key Highlights
- Nissan car dealership in LaGrange, GA on a 4.87‑acre parcel along the main retail corridor
- Subject to a new 8‑year NNN lease with minimal landlord responsibilities
- Lease includes CPI rent bumps every 2 years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
47k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 87%
Shops & Services 13%
Walmart Neighborhood Market
Groceries
40,885 visits/mo
0.3 miles
Lagrange Toyota
Shops & Services
6,118 visits/mo
0.5 miles
Demographics for 30241, GA
25,509
Population
10,433
Households
2.4
Avg Household Size
37
Median Age
18%
College-Educated
88%
High-School Grad
112.4 sq mi
ZIP Area
227
Density / Sq Mi
$47,988
Median Household Income
$34,411
Median Earnings
$1,077
Median Rent
$167,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Automotive property - Nissan dealership on 4.87 acres with a new 8-year net lease and CPI rent bumps every two years.
Where is this automotive property located?
The property is located at 1050 Lafayette Pkwy Lagrange, GA.
What are key features of this property?
This property features: Nissan car dealership in LaGrange, GA on a 4.87‑acre parcel along the main retail corridor; Subject to a new 8‑year NNN lease with minimal landlord responsibilities; Lease includes CPI rent bumps every 2 years
