169 Business Ctr Dr Toccoa, GA 30577
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.