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Sambazis Retail Group

Leaders in Retail Investment Sales

Express Oil Change

Single-Tenant Offerings

Express Oil Change

650 Thornton Rd.

Lithia Springs (Atlanta MSA), GA

Price:
$3,245,000
Cap Rate:
4.85%
NOI:
$157,383
Rentable SQFT:
3,437 SF
Year Built:
1999
Lot Size:
1.26 +/- Acres
Lease Type:
Absolute NNN
Status:
Available
Investment Highlights
  • New 20-Year Absolute NNN Lease with 7% Increases Every 5 Years
  • Corporate Guaranty by Mavis Tire Express with 1,100 Locations Across 27 States and $1.5 Billion in Revenue
  • Baypine LP and Investors Recently Acquired Mavis in 2021, Reportedly Valued the Company at $6 Billion Including Debt
  • Mavis Tire is the 2nd Largest Independent Tire Dealership Chain in the U.S.
  • Strong Unit-Level Sales Resulting in a Highly Profitable Location, 11% Year-Over-Year Growth
  • Serving Rapidly Growing Suburb Northwest of Atlanta, One of the Fastest-Growing MSA’s in the U.S.
  • Highly Visible to Over 46,000 Cars/Day Along Major Commercial Artery
  • Just Off I-20 with 104,000 Cars/Day, Direct Access to Downtown Atlanta
  • Adjacent to a High-Performing Kroger Anchored Shopping Center
  • Strategic Location Surrounded by Various Car Dealerships
  • 3.5 Miles to Six Flags Over Georgia with 22 Million Visitors Annually
  • Down the Street from 8,000-Acre Industrial Park, Epicenter of Dense Industrial/Distribution Hub
  • Strong Daytime Population, Over 44,000 Employees in Immediate Trade Area
  • Employment Growth in the Trade Area Projected to be 38.5% Over the Next 10 Years
  • Close Proximity to 30,000 College Students and Several K-12 Schools with More Than 7,000 Students
  • Just North of Sweetwater Creek State Park, One of Georgia’s Most Visited State Parks
  • 17 Miles to Atlanta International Airport, the Busiest Passenger Airport in the World
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  • Confidentiality and Disclaimer

    The information contained in the following Marketing Package is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Sambazis Retail Group and should not be made available to any other person or entity without the written consent of Sambazis Retail Group. This Marketing Package has been prepared to provide a summary to prospective purchasers and to establish a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Sambazis Retail Group has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Package has been obtained from sources we believe to be reliable; however, Sambazis Retail Group has not verified, and will not verify, any of the information contained herein, nor has Sambazis Retail Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All prospective buyers must take appropriate measures to verify all of the information set forth herein.

    By accepting the terms of this Disclaimer you agree to release Marcus & Millichap Real Estate Investment Services and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.

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For more information, please contact:

Phil Sambazis

Executive Managing Director

(858) 373-3174

Email & Bio »

John Leonard

Broker of Record

License: GA 252904