8725 Tara Blvd Jonesboro, GA 30236-4904
- Retail space
- 7,963 SF
- 0.80 lot acres
Current Use by Public Records
- UPS Access Point location / Shipping And Mailing Service / Mailing Service
- Advance Auto Parts / Truck Accessories Store / Auto Parts Store
Property Details for 8725 Tara Blvd
- Year built
- 1995
- Lot size
- 0.80 lot acres
- Property size
- 7,963 SF
- Zone code
- C
- Property type
- Retail space
- APN
- 05-242B- D-011
- APU
- 05242BD011
Description
This exceptional investment opportunity presents an 8,075-square-foot Advance Auto Parts building in Jonesboro, Georgia. The property boasts a strong 6.50% cap rate, generating a substantial net operating income of $102,633.24. A new 10-year lease commenced January 1, 2025, with the same tenant occupying the space since 1996. The lease includes two five-year renewal options, incorporating rent escalations. The building, constructed in 1995 and renovated in 2021 (including a new roof), sits on a 0.805-acre lot at a signalized corner location on Tara Blvd, benefiting from high traffic counts of 44,180 vehicles. The property's Clayton County tax map number is 05242B D011. This is a fee-simple ownership, NNN lease, single-tenant retail investment with significant remaining lease term (11 years) offering exceptional stability and return. The asking price is $1,578,973. This prime retail location, combined with the long-term lease and strong tenant history, makes this an attractive investment opportunity. The property is zoned for retail and auto shop uses.
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
- Jonesboro
- County
- Clayton
- State
- Georgia
- Longitude
- -84.3643
- Latitude
- 33.5173
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
