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3817 S Cobb Dr SE
Smyrna, GA 30080 Near-In Cobb

$3,400,000 USD

Auto Dealership For Sale  •  2,289 SF

Property Details

  • Property Type Auto Dealership
  • Total Building Size 2,289 SF
  • Lot Size 2.21 AC
  • Building Class B
  • Year Built 1971
  • Tenancy Single
  • Zoning GC, County
20 Transit Score
50 Walk Score

Highlights

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.

Property Flyers

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
21 min - 9.9 mi
AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 34 min - 22.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 140
Type: Surface
Included in Rent: Yes
Chase Murphy 404-812-8925 Skyline Seven Real Estate
Chase Murphy 404-812-8925 Skyline Seven Real Estate