Property profile

905 Hamilton Blvd Griffin, GA 30223

OFF-MARKET
Auto shops
Property ID
US22-1346023
5,000 SF 0.6 ac lot Built 2001
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 5,696 square foot auto shop located at 905 Hamilton Blvd, Griffin, GA 30223. Situated on a 1.44-acre lot, the property boasts a strong 7.25% cap rate and a substantial net operating income (NOI) of $137,535. The property is currently 100% occupied under a 20-year triple-net (NNN) lease, commencing September 1, 2022, and expiring August 31, 2042, with a remaining term of approximately 17.8 years. The lease includes four, five-year renewal options, potentially extending the lease term to 40 years. Annual rent is currently $137,535, with a 2% annual increase scheduled to begin in year seven. Built in 2001, this single-tenant retail property offers a secure, long-term investment with significant upside potential. The asking price is $1,897,034, translating to a price per square foot of $333.05. This rapidly expanding operator currently manages approximately 70 units. The property's location in Spalding County, Georgia provides excellent access and visibility. This is a rare opportunity to acquire a stable, high-performing asset with a proven track record and significant future growth potential.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2001
Construction STEEL FRAME
Total area 5,000 SF
Lot 0.6 ac (26,136 SF)
Zoning code PCD
APN 020A-02-011
UPID US22-1346023

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Party Supply Store Rental Equipment Company
  • Auto Repair Shop Vehicle Inspection Center

Location

905 Hamilton Blvd Griffin, GA 30223-4430
Griffin metro Census 160900 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.36M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.34M

Owner & transaction history

since 2025
Last sale
$1.6M
4 recorded transactions
2025
$1.6M
2022
$1.4M
2022
$325,000
1969
Price N/A

Zoning & alternative use

PCD · Griffin, GA
Zoning description

It shall be the intent of this zoning district to promote and encourage the clustering of commercial uses which occur along arterial thoroughfares; to promote and encourage the infill of commercial uses between existing…

General category COMMERCIAL
Top alternative use upside
Restaurant $885,000 +53.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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