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Net Lease

Fenix Auto Parts

550 Industrial Rd, Moultrie, GA 31788

Listing Price: $3,534,545

Cap Rate
5.50%
Gross SF
48,200
Price/Gross SF
$73.33
Lot Size
72.83 acres
Year Built
1985
Rentable SF
48,200

Investment Overview

The subject property is a 48,200-square-foot facility sitting on 72.83 acres located off State Route 37 on Industrial Road. There are over twelve years of lease term remaining, with three percent annual increases. The lease includes three, five-year options to renew, with a three percent increase upon each renewal. This site is a mission critical site for Fenix Parts because it is their largest site in the nation by acreage. Totaling at over 72 acres, this site supplies most of the Southeast region with parts. This site is centrally located for easy distribution to Florida, Alabama, and the Carolinas.

Investment Highlights

  • Largest Fenix Facility in the Nation with $475K in Improvements Last Year
  • Mission Critical Location for Fenix Parts
  • New 13,500-Square-Foot Warehouse Built in 2021
  • In Operation Since 1997

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Net Lease

Fenix Auto Parts

Listing Price: $3,534,545

Cap Rate
5.50%
Gross SF
48,200
Price/Gross SF
$73.33
Lot Size
72.83 acres
Year Built
1985
Rentable SF
48,200

Investment Highlights

  • Largest Fenix Facility in the Nation with $475K in Improvements Last Year
  • Mission Critical Location for Fenix Parts
  • New 13,500-Square-Foot Warehouse Built in 2021
  • In Operation Since 1997

Investment Overview

The subject property is a 48,200-square-foot facility sitting on 72.83 acres located off State Route 37 on Industrial Road. There are over twelve years of lease term remaining, with three percent annual increases. The lease includes three, five-year options to renew, with a three percent increase upon each renewal. This site is a mission critical site for Fenix Parts because it is their largest site in the nation by acreage. Totaling at over 72 acres, this site supplies most of the Southeast region with parts. This site is centrally located for easy distribution to Florida, Alabama, and the Carolinas.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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