318 Industrial Park Rd, Dawsonville, GA 30534-7559
- Industrial land
- 1.48 lot acres
Current Use by Public Records
- Express Oil Change & Tire Engineers / Auto Repair Shop
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
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 24, 2022 | — | Cmg Dawsonville Holdings LLC | — | Deed · related | $299k · Allied Bank |
| Nov 17, 2021 | — | Cmg Dawsonville Holdings LLC | Sandra Campbell | Quit Claim Deed · related | — |
| Nov 17, 2021 | $460,000 | Cmg Dawsonville Holdings LLC | Sandra Campbell | Limited Warranty Deed | $299k · Alliant Bank |
| Dec 19, 2017 | — | Rhn Properties LLC | — | Deed · related | $328k · First American Bk |
| Jun 26, 2017 | $637,000 | Rhn Properties LLC | Hughes,sandra K & Karen G | Grant Deed | — |
| Sep 25, 2008 | — | Karen G Hughes | Hughes,billy G JR | Quit Claim Deed · related | — |
| Sep 22, 2008 | — | Karen G Hughes | Hughes,billy G JR | Quit Claim Deed · related | — |
| — | — | Rhn Properties LLC | — | Loan Modification · related | $328k · First American Bk |
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Dawsonville
- County
- Dawson
- State
- Georgia
- Longitude
- -84.0431
- Latitude
- 34.3602
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
