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LexTechs of Atlanta

10625 State Bridge Rd, Alpharetta, GA 30022

Listing Price: $2,400,000

Cap Rate
6.25%
Tenant Name
LexTechs of Atlanta
Years Remaining On Lease
8.2
Gross SF
8,815
Guarantor
Personal Guarantee
Rentable SF
8,815
Price/Gross SF
$272.26
Lease Type
Absolute Net
Rent Per Square Feet
$17.02

Investment Overview

LexTechs of Atlanta was founded in 2008 by Huston Hatch and Chad Almond. They opened their doors with the principle of creating an affordable high quality alternative to expensive dealership service centers and under qualified general repair shops.

Alpharetta is a city in northern Fulton County, Georgia, part of the Atlanta metropolitan area and home to more than 65,800 residents. Known as Georgia’s “Connected City,” Alpharetta is one of the region’s primary business centers and boasts a thriving entertainment and cultural scene.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with 8 Years Remaining
  • 10% Rental Increases Every 5 Years
  • 200,000+ Residents within a 5-Mile Radius
  • Hard Corner Location Visibility at the Intersection of State Bridge Road and Morton Road [ 34,000+ Cars Per Day ]
  • Average Household Income Exceeds $175,000 within a 5-Mile Radius
  • Positioned Roughly 22 Miles Northeast of Downtown Atlanta

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Auto Parts

LexTechs of Atlanta

Listing Price: $2,400,000

Cap Rate
6.25%
Tenant Name
LexTechs of Atlanta
Years Remaining On Lease
8.2
Gross SF
8,815
Guarantor
Personal Guarantee
Rentable SF
8,815
Price/Gross SF
$272.26
Lease Type
Absolute Net
Rent Per Square Feet
$17.02

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with 8 Years Remaining
  • 10% Rental Increases Every 5 Years
  • 200,000+ Residents within a 5-Mile Radius
  • Hard Corner Location Visibility at the Intersection of State Bridge Road and Morton Road [ 34,000+ Cars Per Day ]
  • Average Household Income Exceeds $175,000 within a 5-Mile Radius
  • Positioned Roughly 22 Miles Northeast of Downtown Atlanta

Investment Overview

LexTechs of Atlanta was founded in 2008 by Huston Hatch and Chad Almond. They opened their doors with the principle of creating an affordable high quality alternative to expensive dealership service centers and under qualified general repair shops. Alpharetta is a city in northern Fulton County, Georgia, part of the Atlanta metropolitan area and home to more than 65,800 residents. Known as Georgia’s “Connected City,” Alpharetta is one of the region’s primary business centers and boasts a thriving entertainment and cultural scene.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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