For Sale
$634,483

757 Sr 96 Bonaire, GA 31005

High-yield NNN lease, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
129

Highlights

  • Fee-simple ownership of a 2,330 SF Grease Monkey auto shop in Bonaire, GA.
  • 7.25% cap rate with a $46,000 NOI.
  • Absolute NNN lease with corporate guarantee from Grease Monkey International, LLC; approximately 6.2 years remaining, plus two 5-year options with 15% rent escalations.
  • Located at 757 SR 96, on a 0.95-acre lot, near high-traffic intersection of SR 96 and Houston Lake Road.
  • Strong location near Robins Air Force Base and major employers (Frito-Lay, Northrop Grumman, Anchor Glass). Asking price: $634,483.

Property Details for 757 Sr 96

Property type
Retail properties, Retail space
Square Feet
2,330 SF
Year Built
2001
Buildings
1
Stories
1
Lot Size (sq. ft)
41,382 SF
Units
1

Location Insight

City
Bonaire
County
Houston
State
Georgia
Latitude
32.555022897383
Longitude
-83.659947562514
757 Sr 96, Bonaire, Georgia
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - High-yield NNN lease, strong tenant.
Where is the retail property located?
The property is located at 757 Sr 96 Bonaire, GA.
What is the asking price?
The asking price for this property is $634,483.
What are key features of this property?
This property features: Fee-simple ownership of a 2,330 SF Grease Monkey auto shop in Bonaire, GA.; 7.25% cap rate with a $46,000 NOI.; Absolute NNN lease with corporate guarantee from Grease Monkey International, LLC; approximately 6.2 years remaining, plus two 5-year options with 15% rent escalations.
How can I contact the broker?
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757 Sr 96
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