You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Parking lots & garages

785 Lanier E Ave Fayetteville, GA 30214-2209

2,800 SF 0.47 ac lot Built 1994
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-0826315
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a 2,800 square foot Grease Monkey auto shop located at 785 E Lanier Ave, Fayetteville, GA 30214. The property sits on a 0.7-acre lot and boasts a 6.15% cap rate with a strong NOI of $86,400. The single-tenant, triple-net (NNN) lease with Grease Monkey International, LLC has a remaining term of 9.7 years, expiring July 31, 2034, and includes two 5-year renewal options. Rent increases of 2% are built in after year 3, 6, and 8. The building, constructed in 1994, benefits from recent upgrades including new paint, signage, and parking lot improvements. This prime retail location is situated along Lanier Avenue, a high-traffic artery with approximately 26,000 vehicles daily, and is less than a mile from downtown Fayetteville. Fayette County is one of the fastest-growing counties in the United States, ensuring a robust and expanding market for automotive services. The property's location within the Atlanta MSA further enhances its investment appeal. This offering provides a secure, long-term investment with built-in rent growth, making it an attractive opportunity for discerning investors. The landlord is responsible only for roof and structure maintenance.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,800 SF
Lot 0.47 ac (20,473 SF)
Zoning code C C3
APN 0524 153
UPID US22-0826315
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Grease Monkey Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hickman Williams Properties Ll · 18 yrs held
Hickman Williams Properties Ll
since 2008
5 recorded transactions
2017
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C C3 · Fayetteville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 785 Lanier E Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message