Net-Leased Auto Service
For Sale
Contact for pricing
Pending
15 Bailey Station, Newnan, GA 30277
Newly constructed 2018 Havoline Xpress property on an absolute triple-net lease with zero landlord responsibilities.
Property Size2,190 SF
Days on Market148
Property Features for 15 Bailey Station
General Information
Standard status
Pending
Size
2,190 SF
Property subtype
Retail
Additional Details
Traffic Count
29,430 vehicles/day
Building Details
Year Built
2018
Tenancy
Single
Listing Agency:
The Boulder Group
Listed By:
Randy Blankstein · License #IL 471005983
(847) 562-0003
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 2 at 8:16PM
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 The Boulder Group
Investment Insights
Based on property information with market context.
Exclusively marketed for sale, this single-tenant Havoline Xpress net-leased automotive service property was newly constructed in 2018. The 2,190-square-foot building is governed by an absolute triple-net lease with zero landlord responsibilities. The lease includes more than 13 years remaining, with 10% rental escalations in year six and year eleven. Two additional 5-year renewal options are also included, each featuring 10% rental escalations.
The location is positioned along GA-34 (29,430 VPD), a primary east-west thoroughfare, with excellent visibility. The trade corridor includes Publix, Kroger, Chick-fil-A, Piedmont Healthcare, Walgreens, Starbucks, Dunkin’ Donuts, and Bank of America. Newnan, in the Atlanta MSA and approximately 40 miles southwest of Atlanta, is supported by 22,000+ people within three miles and an average household income of $107,791.
The lease is corporately guaranteed by Grease Monkey, which operates over 300 service centers and serves more than 2 million customers each year. Havoline Xpress Lube provides car care services including fluid, filter and tire maintenance, as well as brake services.
The location is positioned along GA-34 (29,430 VPD), a primary east-west thoroughfare, with excellent visibility. The trade corridor includes Publix, Kroger, Chick-fil-A, Piedmont Healthcare, Walgreens, Starbucks, Dunkin’ Donuts, and Bank of America. Newnan, in the Atlanta MSA and approximately 40 miles southwest of Atlanta, is supported by 22,000+ people within three miles and an average household income of $107,791.
The lease is corporately guaranteed by Grease Monkey, which operates over 300 service centers and serves more than 2 million customers each year. Havoline Xpress Lube provides car care services including fluid, filter and tire maintenance, as well as brake services.
Key Highlights
- Single‑tenant absolute triple‑net lease with zero landlord responsibilities
- Over 13 years remaining on the lease with 10% rental escalations in year 6 and year 11
- Includes two 5‑year renewal options, each with 10% rental escalations
Property Analytics
Current Use
Lease Details
29,430 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30277, GA
21,256
Population
8,385
Households
2.5
Avg Household Size
43
Median Age
42%
College-Educated
94%
High-School Grad
45.6 sq mi
ZIP Area
466
Density / Sq Mi
$119,226
Median Household Income
$54,167
Median Earnings
$1,279
Median Rent
$364,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Auto shop - Newly constructed 2018 Havoline Xpress property on an absolute triple-net lease with zero landlord responsibilities.
Where is this auto shop located?
The property is located at 15 Bailey Station Newnan, GA.
What are key features of this property?
This property features: Single‑tenant absolute triple‑net lease with zero landlord responsibilities; Over 13 years remaining on the lease with 10% rental escalations in year 6 and year 11; Includes two 5‑year renewal options, each with 10% rental escalations
