318 Industrial Park Rd Dawsonville, GA 30534-7559

Property Details for 318 Industrial Park Rd

Lot size

1.48 lot acres

Zone code

C-IR

Property type

Industrial land

APN

114 029

APU

114029

Description

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.