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Auto Dealership

Nissan Dealership - LaGrange, GA

1050 Lafayette Pkwy, LaGrange, GA 30241

Listing Price: $7,800,000

Cap Rate
5.85%
Tenant Name
Nissan
Years Remaining On Lease
7.2
Gross SF
24,196
Guarantor
Personal Guarantee
Rentable SF
24,196
Price/Gross SF
$322.37
Lease Type
Double Net
Rent Per Square Feet
$18.85

Investment Overview

Marcus & Millichap is pleased to present for purchase the Nissan car dealership in LaGrange, GA.
Subject property is bound to a new 8-year NN lease with minimal landlord responsibilities. Lessee's operate 7 car dealerships, 6 of which are in Georgia, and have combined assets of around $50,000,000.

The asset boasts a large 4.86-acre site that sits on the main retail corridor across from the Walmart Neighborhood Center.

Investment Highlights

  • Dealership's Net Income Averaging $100K/Month
  • New 8-Year NN Lease
  • Well-Known Nissan Dealership
  • Lessee With $50MM In Net Assets
  • Large 4.86-acre Site

Exclusively Listed By

Auto Dealership

Nissan Dealership - LaGrange, GA

Listing Price: $7,800,000

Cap Rate
5.85%
Tenant Name
Nissan
Years Remaining On Lease
7.2
Gross SF
24,196
Guarantor
Personal Guarantee
Rentable SF
24,196
Price/Gross SF
$322.37
Lease Type
Double Net
Rent Per Square Feet
$18.85

Investment Highlights

  • Dealership's Net Income Averaging $100K/Month
  • New 8-Year NN Lease
  • Well-Known Nissan Dealership
  • Lessee With $50MM In Net Assets
  • Large 4.86-acre Site

Investment Overview

Marcus & Millichap is pleased to present for purchase the Nissan car dealership in LaGrange, GA.
Subject property is bound to a new 8-year NN lease with minimal landlord responsibilities. Lessee's operate 7 car dealerships, 6 of which are in Georgia, and have combined assets of around $50,000,000.

The asset boasts a large 4.86-acre site that sits on the main retail corridor across from the Walmart Neighborhood Center.

Exclusively Listed By

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