4468 Abbotts Brg Rd Duluth, GA 30097-2110

Property Details for 4468 Abbotts Brg Rd

Year built

1996

Construction

WOOD

Lot size

0.94 lot acres

Property size

9,520 SF

Zone code

C2-GENERAL BUSINESS

Property type

Auto shops

APN

6-324 -012

APU

6324012

Description

This exceptional investment opportunity presents a 9,603-square-foot auto shop in Duluth, Georgia, currently operating at 100% occupancy. The property, built in 1996 and renovated in 2022, sits on a 1.02-acre lot with 9 parking spaces. It's strategically located on Abbotts Bridge Road (Duluth Highway), a high-traffic area with approximately 27,000 vehicles per day, ensuring excellent visibility and accessibility. The property is under a net lease with a credit-rated corporate guarantor, Classic Collision, a company with over 260 locations nationwide and aggressive growth plans. The current lease, commenced September 8, 2022, has a remaining term of 12.9 years, extending to September 30, 2037, with built-in 5% rent bumps every five years. The asking price is $1,986,500, representing a 6.50% cap rate and a net operating income (NOI) of $129,120. The property benefits from its proximity to Classic Collision's Atlanta headquarters and a dense, affluent population with average household incomes exceeding $145,600 within a 10-minute drive. Nearby amenities include major retailers such as Kroger, LA Fitness, Target, Home Depot, Publix, Whole Foods, and Regal Cinemas, along with Duluth High School, John Creek High School, and Northside Hospital Duluth. The lease includes three, five-year renewal options, providing long-term stability and significant upside potential for the investor.

Location Insight

City

Duluth

County

Gwinnett

State

Georgia

Longitude

-84.1628

Latitude

34.0236

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments