Mavis Tires & Brakes Net Lease Investment Opportunity | 6% Cap Rate

For Sale$3,515,000

3719 Kemp Ridge Road, Acworth, GA 30101

  • Retail
  • Freestanding

Mavis Tires & Brakes Net Lease Investment Opportunity | 6% Cap Rate, Acworth, GA 30101 - Retail Space

Mavis Tires & Brakes Net Lease Investment Opportunity | 6% Cap Rate is located at 3719 Kemp Ridge Road in the Allatoona Springs neighborhood, GA, Acworth, 30101. The Retail building was completed in 2007 and features a total of 6,690 Sqft.

The retail space availability for the 30101 zip code is 4,550 Sqft, in 3 retail spaces.

At zip code level, there are 24 commercial properties, of which 13 are retail buildings over 50,000 square feet.

Nearby Listings

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Details

  • Price $3,515,000
  • City Acworth
  • Neighborhood Allatoona Springs
  • Zip Code 30101
  • Market Atlanta
  • Property Type Retail - Freestanding
  • Property Size 6,690 Sqft
  • Lot Size 1.2 Acre
  • Property Tenancy Single Tenant
  • Year Built 2007
  • Date Updated 28 Jan, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

This property is located in Acworth, GA.

Highlights

  • Located in Cobb County, GA (Atlanta MSA) this outstanding tenant has over 800 locations nationwide
  • Nearby retailers include Starbucks, Burger King, Pep Boys, Walmart, and more
  • Three-mile demographics of 28,000 population and household income of over $90,000
  • Essential business located in vibrant retail corridor with over 33,800 VPD
  • Recently extended NN lease through September 30, 2028 with rent increases every 5 years and four 5-year options
  • Limited Landlord responsibilities of roof, structure and outparcel common area
  • Solid 1031 exchange property with strong corporate guaranty

FREQUENTLY ASKED QUESTIONS

What is the lease rate for Mavis Tires & Brakes Net Lease Investment Opportunity | 6% Cap Rate?

Rental asking rate at Mavis Tires & Brakes Net Lease Investment Opportunity | 6% Cap Rate is Offered Unpriced per square foot.

What is the total square footage of Mavis Tires & Brakes Net Lease Investment Opportunity | 6% Cap Rate?

Mavis Tires & Brakes Net Lease Investment Opportunity | 6% Cap Rate totals 6,690 square feet.

When was this property built?

Mavis Tires & Brakes Net Lease Investment Opportunity | 6% Cap Rate was built in 2007.

Allatoona Springs Demographics

The average household income in zip code 30101 is $110,424, from a total of 20,003 households. In terms of employment, there are 84.90 % white-collar and 15.10 % blue-collar jobs in zip code 30101.

Population

  • Total Population59,515
  • Male Population(49.7 %) 29,580
  • Female Population(50.3 %) 29,935
  • Median Age38.00

Income/Financial

  • Average Household Income$110,424
  • Median Household Income$91,786
  • Median Income Under 25$40,714
  • Median Income 25-44$89,194
  • Median Income 45-64$111,909
  • Median Income Over 65$57,050

Attachments

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Nancy Miller, CCIM, MBA

Bull Realty

(404) 876-1640

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