Menu
t r a n s l a t e

Two-Tenant NNN Investment Opportunity | 14,000 SF

9880 Main Street
Woodstock, GA 30188
PRICE : $2,357,000
CAP RATE: 7.5%
PROPERTY TYPE: Retail
SITE SIZE: 1.40 Acres
BUILDING SIZE: 14,000 SF
YEAR BUILT: 2002

Highlights

  • Two NNN national tenants
  • Avg 7.5 years on current lease terms
  • NOI $176,846 with annual increases
  • Highly visible, lighted monument sign
  • 1.4-acre site with 300’ of frontage on Main Street
  • 23,800 daily traffic count on Main Street
  • 14’-15’ ceilings
  • Strong rental history

Description

Opportunity to acquire a two-tenant income property in Woodstock GA, an Atlanta metro submarket. Aamco has been successful in this location since 2009 and just expanded, doubling their space, and executed a 10-year lease renewal. The Parts Authority 7 year lease has 5 years remaining. Both leases have annual rent escalations and are NNN with tenants covering all operating expenses. The low maintenance building features a metal roof and recently resurfaced parking lot.

The city is ranked ninth in the state’s top 10 fastest growing cities, with the surrounding 5 miles seeing a tremendous population increase of 70% in the past 10 years – more than doubling in size. Future job growth over the next ten years is predicted to be 52.2%, which is much higher than the U.S. average of 33.5%.

Request more information