Peachtree Park - Atlanta, GA Retail Commercial Real Estate
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Address
Asking Price
Tires Plus
3041 Piedmont Rd NE
Peachtree Park, Atlanta, GA
Lot Size:0.11Acres
We are pleased to exclusively offer to qualified investors the opportunity to purchase a fee simple NNN investment opportunity that is leased to Bridgestone Retail Operations, LLC dba Tires Plus, and Clear Channel Outdoor (billboard). Tires Plus has a proven record of success at this location, and offers an inflation hedge via meaningful – 10% -- rent increases every five years. Successfully operating as an auto repair/service retailer since 1994, the property enjoys frontage on Piedmont Road, which is a major in-town traffic corridor with over 40,000 vehicles per day passing by the front door of the site. This is a rare opportunity to acquire a strong retailer on a high-profile site in Atlanta’s Buckhead submarket.
Cream of the Crop Buckhead location: The property serves a densely populated and wealthy trade area, with 130,000± people with an average household income exceeding $123,000± within a 3-mile radius.
Strong Traffic Counts at a High Profile Location on a dominant traffic corridor: 40,700± cars per day pass by the subject property along Piedmont Rd.
Net-Lease structure: Tenant is responsible for taxes, insurance, maintenance and utilities.
Job growth: Ranked #2 in the country for job growth, and forecast to add 1.5 million jobs by 2040
Population growth: Ranked #4 in the country for population growth, and forecast to add 2.5 million people by 2040. Demographics and the densifying of Atlanta create favorable long-term conditions for well-located commercial real estate.
Internet-Proof and Recession-Proof Commercial Real Estate: Automotive Services is necessity-based and internet-proof, the most favored class of retail property investment.
$5,200,000
2959 Piedmont Road Northeast
2959 Piedmont Rd NE
Peachtree Park, Atlanta, GA
Lot Size:0.27Acres
$1,369,500
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Market Stats
Peachtree Park has 25 commercial real estate spaces for lease, representing 151,777 sqft space. 5 buildings are available for sale.
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