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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

169 Business Ctr Dr Toccoa, GA 30577

6,730 SF 1 ac lot Built 2024
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: a brand-new, 6,730-square-foot Mavis Discount Tires auto shop in Toccoa, Georgia, is available for sale-leaseback. This property boasts a 20-year absolute NNN lease with a prominent national tenant, Mavis Discount Tires, a leading tire supplier. The lease includes six, five-year renewal options, each with a 5% rental escalation. This translates to a 6.10% cap rate and a substantial net operating income (NOI) of $186,050. Built in 2024, the single-tenant building sits on a one-acre lot with 29 parking spaces. The asking price is $3,050,000, representing a price per square foot of $453.19. The property benefits from strong surrounding demographics, including 2.2 million square feet of retail space, 4.4 million square feet of industrial space, and 8,100 households within a five-mile radius. Its strategic location, 35 miles northeast of Gainesville, GA, in Stephens County (population 26,840), further enhances its appeal. This is a turnkey investment with no landlord responsibilities, offering significant long-term value and passive income potential. The property is offered near development cost, presenting a rare opportunity for investors seeking a secure, high-return investment in a rapidly growing market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 6,730 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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