Auto Service - Gas-Conv

Maaco Collision Repair

445 Forest Pkwy, Forest Park, GA 30297

Listing Price: $1,436,622

Cap Rate
6.75%
Tenant Name
Net-Leased Automotive
Years Remaining On Lease
16.70
Gross SF
9,969
Guarantor
Corporate Guarantee
Rentable SF
9,969
Price/Gross SF
$144.11
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.73

Investment Overview

This Maaco investment property is situated on Forest Parkway, which experiences average daily traffic counts exceeding 29,210 vehicles. Intersecting with Forest Parkway is Old Dixie Highway, which brings an additional 21,440 vehicles into the immediate area on average daily. There are more than 50,175 individuals residing within a three-mile radius of the property and nearly 158,000 individuals within a five-mile radius.

Investment Highlights

  • 20-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
  • Growing Franchisee that Could Lead to a Credit Increase in the Future
  • Strong Hedge Against Inflation | Attractive Annual Rental Increases of 1.40%

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    License(s): GA: 252904

    Georgia

Auto Service - Gas-Conv

Maaco Collision Repair

Listing Price: $1,436,622

Cap Rate
6.75%
Tenant Name
Net-Leased Automotive
Years Remaining On Lease
16.70
Gross SF
9,969
Guarantor
Corporate Guarantee
Rentable SF
9,969
Price/Gross SF
$144.11
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.73

Investment Highlights

  • 20-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
  • Growing Franchisee that Could Lead to a Credit Increase in the Future
  • Strong Hedge Against Inflation | Attractive Annual Rental Increases of 1.40%

Investment Overview

This Maaco investment property is situated on Forest Parkway, which experiences average daily traffic counts exceeding 29,210 vehicles. Intersecting with Forest Parkway is Old Dixie Highway, which brings an additional 21,440 vehicles into the immediate area on average daily. There are more than 50,175 individuals residing within a three-mile radius of the property and nearly 158,000 individuals within a five-mile radius.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    License(s): GA: 252904

    Georgia

MM Texture Background
MM Textured Background Lower