Discount Tire NNN Auto Service
New
For Sale
$1,497,350
2801 Highway 54, Peachtree City, GA 30269
Corporate ground lease at a signalized intersection near a 3-mile residential corridor.
Property Size7,182 SF
Days on Market3
Property Features for 2801 Highway 54
General Information
Standard status
Active
Size
7,182 SF
Property subtype
Retail
Site & Location
Traffic Count
43,400 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
7,182 SF
Tenancy
Single
Listing Agency:
RealtyLink - Corporate
Listed By:
Tyson Glasser
(404) 435-6312
Source:
Trinity-partners
Added: Sep 1
Last Checked: Sep 2 at 4:36PM
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 RealtyLink - Corporate
Investment Insights
Based on property information with market context.
This NNN auto service property is operated by Discount Tire under a corporate ground lease at 2801 Highway 54 in Peachtree City, Georgia. The location has a 19-year operating history, two exercised 5-year renewal options, and four additional 5-year options. Contractual rent increases of 5% apply during each option period.
The property occupies a signalized corner where Highway 54 records 43,400 VPD and MacDuff Pkwy begins a 3-mile residential corridor. Within the surrounding trade area, more than 1.6 million SF is over 98% leased and includes Walmart, Costco, Sam’s Club, Publix, Trader Joe’s, Home Depot, HomeGoods, TJ Maxx, and PetSmart. The site is also supported by 2,800+ households within 3 miles, average household income of $189,000 in that radius, and more than 16,400 employees nearby.
Performance rankings place the unit in the top 20% of the Discount Tire portfolio nationwide and top 5% statewide, based on placer.ai data.
The property occupies a signalized corner where Highway 54 records 43,400 VPD and MacDuff Pkwy begins a 3-mile residential corridor. Within the surrounding trade area, more than 1.6 million SF is over 98% leased and includes Walmart, Costco, Sam’s Club, Publix, Trader Joe’s, Home Depot, HomeGoods, TJ Maxx, and PetSmart. The site is also supported by 2,800+ households within 3 miles, average household income of $189,000 in that radius, and more than 16,400 employees nearby.
Performance rankings place the unit in the top 20% of the Discount Tire portfolio nationwide and top 5% statewide, based on placer.ai data.
Key Highlights
- Discount Tire corporate ground lease with 19‑year operating history
- Two exercised 5‑year renewal options plus 4 remaining 5‑year options
- 5% rent increases during each 5‑year option period
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
$101,018
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
6.75%
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%
$2,020,360
$2.0M
Cap Rate 7%
$1,443,114
$1.4M
Cap Rate 9%
$1,122,422
$1.1M
Market Conditions
NOI Build-Up for 7,182 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
$157.7K $21.96/SF
− Vacancy
−$13.4K −$1.87/SF
EGI
$144.3K $20.09/SF
− OpEx
−$43.3K −$6.03/SF
NOI
$101.0K $14.07/SF
Area
Fayette County, GA
Vacancy
8.50%
Lease Rate
$21.96 /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%
$2,020,360
Cap Rate 7%
$1,443,114
Cap Rate 9%
$1,122,422
Alternative Uses
Best Use
Retail
$1.44M
$1.26M – $1.68M
NOI $101,018 @ 7.0% cap · market cap 6.75%
Second Best
Industrial
$625.0K
$546.9K – $729.2K
NOI $43,752 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,535 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
43,400 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
411k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 30%
Shops & Services 28%
Dining 25%
Home Improvements & Furnishings 15%
Walmart
Superstores
124,540 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
55,063 visits/mo
0.3 miles
RaceTrac
Shops & Services
40,397 visits/mo
0.2 miles
Chick-fil-A
Dining
32,281 visits/mo
0.3 miles
Michaels
Shops & Services
27,597 visits/mo
0.3 miles
Demographics for 30269, GA
39,481
Population
16,089
Households
2.5
Avg Household Size
44
Median Age
60%
College-Educated
97%
High-School Grad
26.2 sq mi
ZIP Area
1,507
Density / Sq Mi
$111,093
Median Household Income
$60,000
Median Earnings
$1,910
Median Rent
$459,400
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?
NNN property - Corporate ground lease at a signalized intersection near a 3-mile residential corridor.
Where is this nnn property located?
The property is located at 2801 Highway 54 Peachtree City, GA.
What is the asking price?
The asking price for this property is $1,497,350.
What are key features of this property?
This property features: Discount Tire corporate ground lease with 19‑year operating history; Two exercised 5‑year renewal options plus 4 remaining 5‑year options; 5% rent increases during each 5‑year option period
