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 Features for 1608 U S Hwy 19 S
General Information
Site & Location
Building Details
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.
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
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 31763, GA
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Paint Pro Towing — 2804 Wilmar Ln, Albany, GA 31707
- Swift Automotive — 1800 Ledo Rd, Albany, GA 31707
- Premier Autoworks — 2917 N Slappey Blvd, Albany, GA 31701
- Ford Service — albany, ga 31701
- Sunbelt Ford of Albany, Inc. Service — 2926 N Slappey Blvd, Albany, GA 31701