• Tires Plus - 3041 Piedmont Rd NE, Atlanta, GA 30305

For Sale

Retail

For Sale

This property is available for sale
0.11
Acres
$5,200,000
Sale Price
  • Year Built
    1986
  • Overview

    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.

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Property Details

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.

  • Property Type
    Retail
  • Submarket
  • Year Built
    1986
  • Sale Price
    $5,200,000
  • Total Acres
    0.11
  • Property ID
    2038327

Landlord's Sales Representatives

  • Tony Dambrosio
    Colliers | Atlanta
     
  • Joe Montgomery
    Colliers | Atlanta