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NNN Auto Service Investment
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1608 U S Hwy 19 S, Leesburg, GA 31763

Corporate NNN lease on a Highway 19 auto service site, with long-term terms and scheduled rent escalations.

Property Size6,120 SF
Lot Size0.62 Acres
Price / SF$122.39
Days on Market110

Property Features for 1608 U S Hwy 19 S

General Information

Standard status Active
Size 6,120 SF
Lot size 0.62 Acres
Property subtype Land

Site & Location

Traffic Count 29,000 vehicles/day
Highway Access Yes

Building Details

Year Built 2015
Units 1
Tenancy Single
Listing Agency: Giovingo Properties
Listed By: GUY JOINER · License #Georgia 437459
Source: Crexi
Added: May 18 Changed: Sep 4 Last Checked: Aug 31 at 12:35AM

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 Giovingo Properties

Investment Insights

Based on property information with market context.

Blokk Commercial Real Estate presents a corporate NNN investment opportunity at 1608 US-19 in Leesburg, Georgia, leased directly to Grease Monkey International, LLC. The property is positioned on 0.62 acres along Highway 19 and is covered by a newly executed 15-year NNN lease. The lease is set to commence May 2026, with four additional 5-year renewal options.

The site is located on one of Leesburg’s most active retail corridors, with traffic reported at 29,000+ VPD. The property is surrounded by national co-tenants including Publix, Walgreens, Chick-fil-A, and Zaxby’s, supporting a consistent retail environment.

For investors seeking a NNN structure with a direct corporate tenant, this offering combines lease certainty with built-in income growth. The lease includes 10% rent escalations every five years, which can help create predictable, increasing rent over the initial term and renewal periods. With an automotive service use tailored to preventive maintenance and quick lube concepts, the asset aligns with needs-based demand for routine vehicle service while maintaining low landlord involvement under the NNN framework.

Key Highlights

  • 2002‑built corporate NNN property leased to Grease Monkey International, LLC
  • Freshly signed 15‑year NNN lease commencing May 2026, with potential term through 2061 via four 5‑year renewals
  • Lease includes 10% rent escalations every five years

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Real Estate Agency Cafe & Coffee Shop Furniture & Home Goods Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

29,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby
72k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 45%
Wendy's Dining
19,007 visits/mo 0.4 miles
Circle K Shops & Services
13,256 visits/mo 0.1 miles
Dollar General Shops & Services
7,213 visits/mo 0.4 miles
Waffle House Dining
7,013 visits/mo 0.1 miles
Family Dollar Shops & Services
5,981 visits/mo 0.5 miles

Demographics for 31763, GA

27,963
Population
10,984
Households
2.5
Avg Household Size
38
Median Age
34%
College-Educated
91%
High-School Grad
247.9 sq mi
ZIP Area
113
Density / Sq Mi
$84,593
Median Household Income
$45,057
Median Earnings
$1,146
Median Rent
$224,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - Corporate NNN lease on a Highway 19 auto service site, with long-term terms and scheduled rent escalations.
Where is this auto shop located?
The property is located at 1608 U S Hwy 19 S Leesburg, GA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 2002‑built corporate NNN property leased to Grease Monkey International, LLC; Freshly signed 15‑year NNN lease commencing May 2026, with potential term through 2061 via four 5‑year renewals; Lease includes 10% rent escalations every five years
More about this property
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