Auto Parts Retail
201 W Vineyard Rd Griffin, GA 30223
For Sale
Contact for pricing
Advance Auto Parts retail location offered for sale in Griffin, Georgia.
Property Size6,714 SF
Price / SF$177.31
Days on Market47
Property Features for 201 W Vineyard Rd
General Information
- Standard status
- Active
- Size
- 6,714 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1999
Listing Agency:
Matthews
Listed By:
Josh Bishop · License #688810
Source:
Crexi
Added: Jun 8
Changed: Jul 23
Last Checked: Jul 23 at 4:12AM
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 Matthews
Investment Insights
Based on property information with market context.
This offering features an Advance Auto Parts retail location supporting the automotive aftermarket parts category. Advance Auto Parts is a leading parts retailer serving professional installers and do-it-yourself consumers, operating under the Advance Auto Parts and Carquest brands. The company traces its history to 1932 and is listed on the New York Stock Exchange under ticker AAP.
The property is located at 201 W Vineyard Rd in Griffin, GA. Advance Auto Parts operates approximately 4,300 to 4,800 locations across the United States, Canada, Puerto Rico, and the U.S. Virgin Islands, including both corporate stores and independently operated locations.
The company employs over 62,000 people and maintains a diversified customer base, with its business participation supported by ongoing vehicle maintenance demand.
The property is located at 201 W Vineyard Rd in Griffin, GA. Advance Auto Parts operates approximately 4,300 to 4,800 locations across the United States, Canada, Puerto Rico, and the U.S. Virgin Islands, including both corporate stores and independently operated locations.
The company employs over 62,000 people and maintains a diversified customer base, with its business participation supported by ongoing vehicle maintenance demand.
Key Highlights
- Advance Auto Parts retail location offered for sale in Griffin, Georgia
- Building year built: 1999
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $147.4k | $21.96 |
| − Vacancy | −$12.5k | −$1.87 |
| EGI | $134.9k | $20.09 |
| − OpEx | −$40.5k | −$6.03 |
| NOI | $94.4k | $14.07 |
6,714 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.35M
$1.18M – $1.57M
NOI $94,435 @ 7.0% cap · market cap 7.93%
Second Best
Industrial
$584.3K
$511.3K – $681.7K
NOI $40,901 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $131,970 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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FAQs
What type of property is this?
Auto shop - Advance Auto Parts retail location offered for sale in Griffin, Georgia.
Where is this auto shop located?
The property is located at 201 W Vineyard Rd Griffin, GA.
What is the asking price?
The asking price for this property is $1,190,470.
What are key features of this property?
This property features: Advance Auto Parts retail location offered for sale in Griffin, Georgia; Building year built: 1999
