77 Bill Carruth Pkwy Hiram, GA 30141

This exceptional investment opportunity presents a 5,791 square foot auto shop in Hiram, GA, boasting a 15-year absolute NNN lease with a prominent national tenant, Christian Brothers Automotive. The property, situated on a 1.013-acre lot at 77 Bill Carruth Pkwy, enjoys a prime location near the intersection of US Hwy 278 and Bill Carruth Pkwy, experiencing daily traffic counts exceeding 67,000 vehicles. The lease features annual rent escalations of 1.5% commencing in year six, ensuring consistent income growth. With a current NOI of $300,000 and a 6.25% cap rate, this offering presents a compelling return on investment. The property benefits from a strong corporate guarantee and zero landlord responsibilities. The surrounding area showcases robust demographics, with over 80,000 people residing within a 5-mile radius and an average household income exceeding $80,000 within a 3-mile radius. Nearby national retailers include Walmart, Target, Academy, Chipotle, and many more, underscoring the area's thriving commercial landscape. The asking price is $4,800,000, translating to $828.87 per square foot. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term potential. The lease has options extending the term up to 65 years. Christian Brothers Automotive, established in 1982, currently operates over 275 locations and has a proven track record of success.