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Sambazis Retail Group

Leaders in Retail Investment Sales

Express Oil Change

Single-Tenant Offerings

Express Oil Change

45 Fischer Crossings Blvd.

Sharpsburg (Atlanta MSA), GA

Price:
$3,398,000
Cap Rate:
5.65%
NOI:
$192,000
Rentable SQFT:
4,771 SF
Year Built:
2020
Lot Size:
0.85 +/- Acres
Lease Type:
Absolute NNN
Status:
Under Contract
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.
  • Brand New High-Quality Brick Construction with Six Service Bays
  • Serving Rapidly Growing Suburb South of Atlanta and Surrounded by Affluent Communities
  • Average Household Income Exceeds $131,000 within 3 and 5 Miles
  • Outparcel to a Brand New 300,000 SF Retail Development Anchored by the First Costco Wholesale in South Metro Atlanta and Across from a New Sam’s Club Anchored Center
  • Adjacent to a $50 Million Senior Living Center that’s Under Construction and a New 85,000 SF Kaiser Permanente Medical Office Building
  • Across from Fischer Marketplace, a 41-Acre Development Anchored by a Grocery Store with 150,000 SF of Medical Office and Retail
  • Down the Street from The Avenue at Peachtree City, an Outdoor Lifestyle Center with High-End Retailers, Including lululemon, Williams-Sonoma, Victoria’s Secret and Many More
  • Accessible to Over 57,000 Cars/Day at Signalized Intersection, Situated within a Dense Regional Retail Corridor
  • Strong Daytime Population, Over 36,500 Employees in Immediate Trade Area
  • Close Proximity to Several K-12 Schools with More Than 10,000 Students
  • 25 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