Meineke Car Care Center
Single-Tenant Offerings
Meineke Car Care Center
3218 S Cobb Dr. SE
Smyrna (Atlanta MSA), GA
- Price:
- $1,315,000
- Cap Rate:
- 6.50%
- NOI:
- $85,500
- Rentable SQFT:
- 3,000 SF
- Year Built:
- 1980/2023
- Lot Size:
- 0.71 +/- Acres
- Lease Type:
- NN
- Status:
- Available
Investment Highlights
- New 10-Year Lease, 2% Annual Rental Increases Throughout Base Term and Options
- Strong Personal Guaranty, Experienced Multi-Unit Operator
- Serving Over 242,000 Residents in Growing Atlanta Suburb, Only 15 Minutes to Downtown Atlanta
- Average Household Income Exceeds $97,000 within a 3 and 5-Mile Radius
- Outparcel to Kroger Anchored Shopping Center with 30,000 Shoppers/Week, Top-Tier Sales Volume in the Southeast
- Hard Corner Location at Signalized Intersection with Over 31,500 Cars/Day in Primary Retail Trade Area
- Minutes to Truist Park with Over 2.4 Million Visitors Annually, Brand New Atlanta Braves Baseball Stadium
- Close Proximity to Kennesaw State University – Marietta with 6,238 Students and Several K-12 Schools with 12,000 Students
- Strong Daytime Population, Over 172,000 Employees within 5 Miles
- Surrounded by 27+ Million SF of Office in the Cumberland/Galleria Trade Area
- Just South of Dobbins Air Force Base with 2,500 Employees and 10,000 Reservists
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