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201 W Vineyard Rd, Griffin, GA, 30223

Advance Auto Parts
$1,190,470

Key Information

Cap Rate
6.15%
$ per SF
$177
Tot. SF
6,714
Lot Size
0.67 Acres
Year Built
1999/2017
Term Remaining
± 7.25 Years
Type
Retail
NOI
$73,213

Highlights

• 1999 build-to-suit construction for Advance Auto Parts
• The store was remodeled to their newest prototype in 2017
• Advance Auto signed a brand new lease in 2020, proving their commitment to the location and market
• Strong 10% rental increase will take place in September of 2028
• Corporately guaranteed lease from Advance Auto
• NNN lease structure, with landlord responsible for structure only (Standard AAP NNN Lease)
• Hard signalized corner lot with traffic counts in excess of 37,751 vehicles daily
• 5-Mile population of 42,587 residents
• Affluent demographics with an average household income of $99,227 annually

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305