Advance Auto Parts Investment
For Sale
Contact for pricing
2600 Winder Hwy, Dacula, GA 30019
NNN leased Advance Auto Parts in Dacula, GA for sale.
Property Size7,028 SF
Price / SF$241.18
Days on Market154
Property Features for 2600 Winder Hwy
General Information
Standard status
Active
Size
7,028 SF
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$128,853
Building Details
Year Built
2005
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Seattle
Listed By:
Hank Wolfer · License #WA 110547
Source:
Crexi
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 10 at 11:20AM
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 Marcus & Millichap - Seattle
Investment Insights
Based on property information with market context.
The Advance Auto Parts property in Dacula, GA, is available for purchase. Situated along the busy Winder Highway, the tenant has been at this location since its construction in 2005 and recently executed a 5-year option, extending their stay until 2031. The property operates under a NNN lease agreement where the tenant is responsible for the roof, parking, and interior. The landlord is responsible for the structure, foundation, HVAC, and periodic sewer/pump station assessments. Dacula, located in northeastern Gwinnett County within the Atlanta metropolitan area, has evolved from a small town into a residential growth market due to population expansion, strong schools, and proximity to major employment centers. The 30019 ZIP code area has an estimated population of 55,000 with a median household income near $97k–$115k. Dacula serves as a bedroom community for nearby job centers while developing a local retail and service economy. Connectivity to the Atlanta job market is a key economic driver. The city experiences population expansion driven by migration from Atlanta suburbs, affordable housing, and strong public school systems. The property size is 7,028 square feet.
Key Highlights
- Long‑term tenant: Advance Auto Parts, in place since 2005, recently extended their lease to 2031.
- NNN Lease: Tenant handles roof, parking, and interior upkeep.
- Located on heavily trafficked Winder Highway.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$81,646
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,632,920
$1.6M
Cap Rate 7%
$1,166,371
$1.2M
Cap Rate 9%
$907,178
$907.2K
Market Conditions
NOI Build-Up for 7,028 SF
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.
Gross rent
$126.5K $18.00/SF
− Vacancy
−$9.9K −$1.40/SF
EGI
$116.6K $16.60/SF
− OpEx
−$35.0K −$4.98/SF
NOI
$81.6K $11.62/SF
Area
Gwinnett County, GA
Vacancy
7.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,632,920
Cap Rate 7%
$1,166,371
Cap Rate 9%
$907,178
Alternative Uses
Best Use
Retail
$1.17M
$1.02M – $1.36M
NOI $81,646 @ 7.0% cap · market cap 4.82%
Second Best
Industrial
$611.6K
$535.2K – $713.6K
NOI $42,814 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,522 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
31k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 40%
Home Improvements & Furnishings 11%
Zaxby's Chicken Fingers & Buffalo Wings
Dining
12,312 visits/mo
0.1 miles
Dollar Tree
Shops & Services
9,690 visits/mo
0.1 miles
Handy Ace Hardware
Home Improvements & Furnishings
3,318 visits/mo
0.2 miles
BP
Shops & Services
3,296 visits/mo
0.1 miles
Advance Auto Parts
Shops & Services
2,532 visits/mo
0.1 miles
Demographics for 30019, GA
50,761
Population
15,415
Households
3.3
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
1,082
Density / Sq Mi
$115,275
Median Household Income
$51,574
Median Earnings
$2,010
Median Rent
$389,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - NNN leased Advance Auto Parts in Dacula, GA for sale.
Where is this auto shop located?
The property is located at 2600 Winder Hwy Dacula, GA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Long‑term tenant: Advance Auto Parts, in place since 2005, recently extended their lease to 2031.; NNN Lease: Tenant handles roof, parking, and interior upkeep.; Located on heavily trafficked Winder Highway.
