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Used-Car Dealership Property
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3817 South Cobb Drive SE, Smyrna, GA 30080

An Absolute NNN lease assigns property expenses and maintenance responsibilities to the tenant.

Property SizeContact for details
Lot Size2.21 Acres
Days on Market4

Property Features for 3817 South Cobb Drive SE

General Information

Standard status Active
Lot size 2.21 Acres
Property subtype Retail

Site & Location

Road Access Yes
Outdoor Storage Yes

Building Details

Tenancy Single
Listing Agency: Skyline Seven Real Estate
Listed By: Elliott Kyle · License #GA 299687
Source: Crexi
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 2:18PM

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 Skyline Seven Real Estate

Investment Insights

Based on property information with market context.

This automotive property in Smyrna, Georgia, occupies approximately 2.21 acres and supports pre-owned vehicle sales and inventory. The site serves Wade Ford’s used-car operation, with the larger dealership located across South Cobb Drive. The parcel accommodates vehicle display and inventory operations.

The property is leased on an Absolute NNN basis to Lithia Georgia Real Estate, LLC. Lithia Motors, Inc. assigned and guaranteed the lease after acquiring Wade Ford in 2023. Under the lease structure, the tenant is responsible for taxes, insurance, utilities, maintenance, and both structural and non-structural repairs.

Key Highlights

  • Approximately 2.21 acres for vehicle sales and inventory
  • Absolute NNN lease to Lithia Georgia Real Estate, LLC
  • Lithia Motors, Inc. assigned and guaranteed the lease in 2023

Property Analytics

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Current Use

Automotive properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Spa & Massage Center Building Supply

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

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

412
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 63% Shops & Services 37%
Big Lots Superstores
19,026 visits/mo 0.1 miles
Family Dollar Shops & Services
4,741 visits/mo 0.1 miles
Pet Supermarket Shops & Services
3,304 visits/mo 0.1 miles
Wade Ford Shops & Services
3,135 visits/mo 0.1 miles

Demographics for 30080, GA

52,125
Population
27,081
Households
1.9
Avg Household Size
35
Median Age
58%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
4,137
Density / Sq Mi
$87,949
Median Household Income
$59,267
Median Earnings
$1,660
Median Rent
$409,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Automotive property - An Absolute NNN lease assigns property expenses and maintenance responsibilities to the tenant.
Where is this automotive property located?
The property is located at 3817 South Cobb Drive SE Smyrna, GA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Approximately 2.21 acres for vehicle sales and inventory; Absolute NNN lease to Lithia Georgia Real Estate, LLC; Lithia Motors, Inc. assigned and guaranteed the lease in 2023
(404) 812-8927 Call to check price and availability
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