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Property profile & analytics
OFF-MARKET
Industrial land

318 Industrial Park Rd Dawsonville, GA 30534-7559

1.48 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US22-2648917
Property summary
AI-generated overview

This exceptional investment opportunity presents a 5,344-square-foot Express Oil Change & Tire Engineers location in Dawsonville, Georgia. The property, built in 2018, sits on one acre and boasts a 20-year absolute triple-net (NNN) lease commencing December 10, 2023, and expiring December 9, 2043. The lease includes four 5-year renewal options and attractive 10% rent increases every five years, ensuring consistent income growth. The tenant, Express Oil Change & Tire Engineers, is backed by a corporate guarantee from Mavis Express Services TopCo Corp., a highly reputable company with a significant portfolio. This provides exceptional security and minimizes risk. The property enjoys a prime location, directly visible from US 19 GA 400 (38,700+ vehicles per day), a major thoroughfare connecting Atlanta to its northern suburbs. Its proximity to the North Georgia Premium Outlets, Georgia's largest outlet mall attracting over 3.2 million visitors annually, further enhances its desirability and potential for high traffic. Dawsonville itself is a thriving community, experiencing significant population growth (38.12% since 2020) and boasting a strong average household income of $100,731 within a 5-mile radius. The property's current Net Operating Income (NOI) is $230,000, resulting in a compelling 5.75% cap rate. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term growth potential in a rapidly expanding market. The asking price is $4,000,000.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.48 ac (64,469 SF)
Zoning code C-IR
APN 114 029
UPID US22-2648917
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
Current use
Occupant on record · Public records
  • Express Oil Change & Tire Engineers Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Cmg Dawsonville Holdings LLC · 4 yrs held
Cmg Dawsonville Holdings LLC
since 2021
Last sale
$460,000
7 recorded transactions
2022
Price N/A
2021
Price N/A
2021
$460,000
2017
Price N/A
2017
$637,000
2008
Price N/A
2008
Price N/A
Zoning & alternative use
C-IR · Dawsonville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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