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Property is an 80.1% leased 58,768 square foot retail strip center comprised of five buildings. The center is being offered at $102.10 per square foot and a 4.7% cap rate on the current income.
GREAT INVESTMENT OPPORTUNITY!! Perfect for multi-office opportunity on busy highway with high traffic count. The value is in the land but the savvy investor will see the potential in the house. The house has 2 entrances and a kitchen on each side that would be a perfect setup for 2 offices. Currently zoned residential but can easily be rezoned Commercial. House is being sold "AS IS". Sewer is available 400+/- from building. Motivated Seller All offers seriously considered.
32,400+/- Office/Retail Building, On 2.13+/- Acres, 2 Stories, Built in 2003, Zoned: BG, 382+/- Feet of Frontage on Hurricane Shoals Road, Traffic Count: 19,190+/- CPD, 125 Parking Spaces, Minutes to GA Highway 316, Highway 20, and I-85
Property Description: SERVICE STATION/MINI MART Asset Number4725Buyer acknowledges and agrees that the Special Warranty Deed conveying the Property to the Buyer shall contain a restriction which shall run with the land prohibiting the use of the Property as a place of adult entertainment, fast food restaurant, retail grocery store, retail convenience grocery store, or for the sale of items commonly sold in a convenience store, including, but not limited to, candy, chips, snacks, coffee, soda and other carbonated beverages, or for the sale of tobacco products, beer, wine, liquor, spirits, adult materials or drug paraphernalia, or for the retail sale of motor fuels.
This is an open and operating business. Please do not make any attempt to contact staff or ownership. An exclusive opportunity to own an established 4615 sf Italian full-service restaurant(beer&wine only). The restaurant services a captive customer base of over 3500 employees and an average daily traffic count of 41,880. Currently, the business is open only six days a week, closed on Sunday. The current owner is offering up to two weeks of training. The owner, who has been in the industry since 1969, has reached retirement age and wants to exit the business. With the proper Owner/Operator, sales can be dramatically increased with the addition of extending hours, opening on Sundays , re-open the existing yet unused drive-thru , not to mention other implantation of cost saving ideas. However, the most significant increase could be generated by adding breakfast to the current lunch/dinner menu. The tax returns show sales of $484,937 for 2012 and respectively, $474,769 for 2013. Total price:$1,150,000. Seller Financing available with 25% down. The owner is open to discuss financing options with 25% down payment. SBA prequalified with 15% overall down payment.
Stan Johnson Company is pleased to offer for sale to qualified investors a 4,358 square-foot Meineke Car Care Center property situated on 0.87 acres and located in Lawrenceville, GA. Meineke is operating under a ten (10) year absolute triple net (NNN) lease with CPI increases annually. The lease also features three (3), five (5) year option periods. The property is strategically located in the market of Lawrenceville, GA, situated to serve the tenant' s targeted demographic, with a population of 73,403 and an average household income of $76,074 within a three (3) mile radius. Meineke Car Care Center, Inc. is a franchise-based international automotive repair chain with more than 900 locations. With nearly 1,000 Meineke Car Care franchises operating nationally and internationally, Meineke continues to be recognized as a leader in complete car care automotive franchises.
This property is a former QuikTrip convenience store that was relocated. This listing is for the land and improvements only. Deed restrictions, noted below, will be required to be filed at the closing of the vacant land. Buyer acknowledges and agrees that the Special Warranty Deed conveying the Property to the Buyer shall contain a restriction which shall run with the land prohibiting the use of the Property as a place of adult entertainment, fast food restaurant, retail grocery store, retail convenience grocery store, or for the sale of items commonly sold in a convenience store, including, but not limited to, candy, chips, snacks, coffee, soda and other carbonated beverages, or for the sale of tobacco products, beer, wine, liquor, spirits, adult materials or drug paraphernalia, or for the retail sale of motor fuels.
Subject property is +/- 11,909 SF high-end automotive repair and body shop on a +/- 1.01 acre parcel in the Airport Business Center Industrial Park off Buford Drive. Built in 1988, this one story building has five drive in doors, high ceilings in the shop/warehouse space and is fully air conditioned. The immediate area to the west and northwest is residential and the area to the east and south is industrial. Traffic counts at the subject average +37,790 vehicles per day. For more information, please contact Jared Daley.
Retail, Mixed Use
Beautiful 100% leased retail center located in high traffic location in Lawrenceville, Georgia. Sugarloaf Walk is located in a high growth residential corridor in Lawrenceville, with a population exceeding 69,000 within 3 miles and 184,000 within 5 miles; both projected to grow by 9.5% over the next 5 years. The center is strategically positioned with excellent access and visibility along Sugarloaf Parkway, a major east-west route connecting with GA 316 and Interstate 85. Key Highlights: -NOI: $247,077 -CAP Rate: 7.9% -Cash-on-cash Return: 15.15% -IRR: 17.77% -100% leased to mix of franchise and local tenants -Excellent demographics and traffic counts -In place assumable debt (10 year term/30 year amortization) reduces cash requirements (debt must be assumed) -Well-built facility constructed in 2006 See offering package for details. Visit http://sugarloafwalk.weebly.com/ for property website. For more information, please contact Frank Meyrath or John Harrison.
Well established automotive dealership located on Buford Drive, just off busy Highway 316. This building was constructed in 1986, and was the home to Milton Martin Honda dealership before they moved to Gainesville. Property Highlights: • +/- 842 sq ft building • Great exposure (30,815 cars/day) • Sits on +/- 0.51 acre with 2 curbs cuts • 3 newly renovated sales offices and a break room • Current owner has been operating this dealership since 2003 • Displays for approximately 45-50 cars • Parking availability for up to 60 cars on the lot • Selling average 25-30 cars/per month No more car dealership is allowed in the city of Lawrenceville. Please contact Jenny for more information.