4720 Atlanta Hwy Loganville, GA 30052-7305
- Auto shops
- 2,320 SF
- 0.69 lot acres
Sep 18, 2024
Current Use by Public Records
- Take 5 Oil Change / Oil Change Service
Property Details for 4720 Atlanta Hwy
- Year built
- 1996
- Construction
- STEEL FRAME
- Lot size
- 0.69 lot acres
- Property size
- 2,320 SF
- Zone code
- CH
- Property type
- Auto shops
- APN
- LG110-051
- APU
- LG110051
Description
This exceptional investment opportunity presents a fee-simple, 2,320 square-foot auto shop in Loganville, Georgia. The property, located at 4720 Atlanta Hwy, 30052, is currently leased to Take 5 Oil Change under an absolute triple-net (NNN) lease with a corporate guarantee, eliminating landlord responsibilities. The lease has a remaining term of approximately 2.2 years, expiring January 24, 2027, with four 10% rent bump options. The asking price is $923,000, representing a price per square foot of $397.84 and a 6.5% capitalization rate based on a net operating income (NOI) of $60,000. The property sits on a 0.69-acre lot in a high-traffic area, boasting proximity to major retailers such as Kroger, Publix, Walmart, and Home Depot. This location ranks in the 80th percentile according to Alpha Maps, indicating strong market performance. The favorable demographics of Loganville, including projected population growth and robust household incomes, further enhance the long-term investment potential of this property. This is a rare opportunity to acquire a well-performing, low-maintenance, net-leased asset in a thriving Georgia market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Loganville
- County
- Walton
- State
- Georgia
- Longitude
- -83.8864
- Latitude
- 33.8341
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
