Auto Dealership For Sale • 2,289 SF
| Large 2.21 acre commercial parcel offering substantial space for vehicle display, inventory, and customer circulation. |
| Leased to Lithia Georgia Real Estate, LLC, with a guaranty from Lithia Motors, Inc. which is traded on the NYSE (LAD) with a market CAP of $7.13B |
| Lithia Motors, Inc. is based in Oregon and has 466 dealerships in the U.S., Canada and UK, selling 57 brands of automobiles - www.lithia.com |
| Lithia Motors, Inc. purchase Wade Ford in 2023, which has been selling cars since 1933, and kept the name vs. rebranding. |
| Absolute NNN lease structure, with the tenant responsible for property taxes, insurance, utilities, & all structural and non-structural maintenance. |
| Current lease term through Dec. 31, 2028, w/ 3% annual Base Rent increases & 2 x 3-year renewal options extending the potential lease term thru 2034. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 21 min | - | 9.9 mi | |
| Airport | Drive | Walk | Distance |
| Hartsfield - Jackson Atlanta International | 34 min | - | 22.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 140 |
| Type: | Surface |
| Included in Rent: | Yes |