Contacts
Rise Property Group
Rise Property Group
Property Details
- Property Type Retail
- Property Size 19,350 SF
- Lot Size 1.7 Acre
- Cap Rate % 7
- NOI / YR $271,430.00
- Additional Rent Contact for pricing
- Building Class C
- Year Built 1958
- Year Renovated 2024
- Date Updated Nov 28, 2024
Rise Property Group is pleased to bring True Automotive Decatur to market for sale. This exceptional investment opportunity features
a single-tenant, ±19,350 SF freestanding auto repair building, strategically located on Dekalb Industrial Way in Decatur, GA. The property spans approximately 1.69 acres and boasts a reliable, income-producing tenant. The property has ±40 parking spaces and produces an NOI of $271,430. 10% of the property is subleased for $42,000 annually with no front access. Recent improvements include a comprehensive renovation totaling $250,000, covering both aesthetic enhancements and critical system upgrades. Key improvements include renovating the lobby, ensuring a turnkey investment opportunity for any buyer or investor.
Attractive Income-Producing Opportunity:
TRUE Automotive operates under a corporate- guaranteed, Triple Net (NNN) lease, with the tenant responsible for all property expenses. The lease features an initial 15-year term with 10% rent escalations every five years, and multiple 5-year renewal options with the same 10% escalations. These provisions are ideal for investors seeking to hedge against inflation and future holding costs.
Reach out to the broker for more info on lease terms and amenities
Getting around
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49/100
Walk Score ®
-
46/100
Bike Score ®
Location
- City Decatur, GA
- Neighborhood Stratford Commons
- Zip Code 30030
- Market Atlanta
Points of Interest
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Avondale
0.70 miles
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Decatur
1.34 miles
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Decatur MARTA Swanton Entrance
1.38 miles
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Kensington
1.55 miles
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East Lake
2.50 miles
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Indian Creek
2.79 miles
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Edgewood/Candler Park
4.00 miles
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Inman Park/Reynoldstown
4.77 miles
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King Historic District
6.04 miles
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Lindbergh Center
6.06 miles
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Chevron
0.61 miles
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Kroger
0.63 miles
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Shell
0.70 miles
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Texaco
0.74 miles
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Exxon
0.91 miles
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Citgo
1.06 miles
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Marathon
1.07 miles
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Gulf
1.09 miles
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Pure Station
1.16 miles
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QuikTrip
1.42 miles
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Avondale North Park and Ride
0.76 miles
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DFCS anex parking lot
0.84 miles
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DFCS parking lot
0.93 miles
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Church parking
0.99 miles
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Decatur First United Methodist Church Parking
1.05 miles
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Decatur Town Center Parking Deck
1.25 miles
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Library Parking
1.27 miles
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First Baptist Church Parking Deck
1.34 miles
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Courthouse Parking
1.47 miles
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Kensington North Park and Ride
1.53 miles
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Los Bravos -Decatur
0.54 miles
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Waffle House
0.56 miles
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My Parent's Basement -Restaurant and Comics
0.58 miles
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Skip's
0.59 miles
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Savage Pizza
0.61 miles
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Avondale Pizza Cafe
0.62 miles
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Subway
0.62 miles
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Viet Vana
0.62 miles
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Taylor'd BBQ
0.62 miles
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Burger King
0.62 miles
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Builders
0.32 miles
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Your Dekalb Farmers Market
0.42 miles
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Publix
0.43 miles
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Kroger
0.59 miles
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Whole Foods Market
0.81 miles
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Walmart Supercenter
1.00 miles
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Sprouts Farmers Market
1.00 miles
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ALDI
1.03 miles
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Burlington
2.86 miles
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Ross
3.11 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
