Absolute NNN
For Sale
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1230 Meredith Park Dr, McDonough, GA 30253
Commercial building leased under a long-term absolute triple-net structure with multiple renewal options.
Property Size15,550 SF
Lot Size2.43 Acres
Days on Market144
Property Features for 1230 Meredith Park Dr
General Information
Standard status
Active
Size
15,550 SF
Lot size
2.43 Acres
Property subtype
Retail
Net Operating Income
$132,490
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 11:46PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This commercial property includes approximately 15,550 rentable square feet on an estimated 2.43-acre parcel. The improvements are occupied by North Rock Automotive and are subject to a 20-year absolute triple-net lease that began September 1, 2022.
The property is located at 1230 Meredith Park Dr in McDonough, Georgia. Lease terms provide for annual 2% increases beginning in the seventh year, followed by four additional five-year renewal options. The combination of substantial building area, a sizable land component, and a defined long-term lease structure provides a clear overview of the asset’s physical scale and contractual framework.
The property is located at 1230 Meredith Park Dr in McDonough, Georgia. Lease terms provide for annual 2% increases beginning in the seventh year, followed by four additional five-year renewal options. The combination of substantial building area, a sizable land component, and a defined long-term lease structure provides a clear overview of the asset’s physical scale and contractual framework.
Key Highlights
- Approximately 15,550 rentable square feet of building space
- Estimated 2.43‑acre parcel
- 20‑year absolute triple‑net lease
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 30253, GA
62,025
Population
22,889
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
1,322
Density / Sq Mi
$81,601
Median Household Income
$43,433
Median Earnings
$1,627
Median Rent
$281,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Commercial building leased under a long-term absolute triple-net structure with multiple renewal options.
Where is this nnn property located?
The property is located at 1230 Meredith Park Dr McDonough, GA.
What are key features of this property?
This property features: Approximately 15,550 rentable square feet of building space; Estimated 2.43‑acre parcel; 20‑year absolute triple‑net lease
