- For Sale $3,877,572
- Property Type Retail
- Property Size 19,350 SF
- Lot Size 1.7 Acre
- Cap Rate % 7
- NOI / YR 271430
- Additional Rent Contact for pricing
- Building Class C
- Year Built 1958
- Year Renovated 2024
- Date Updated Nov 28, 2024
Rise Property Group is pleased to bring True Automotive Decatur to market for sale. This exceptional investment opportunity features
a single-tenant, ±19,350 SF freestanding auto repair building, strategically located on Dekalb Industrial Way in Decatur, GA. The property spans approximately 1.69 acres and boasts a reliable, income-producing tenant. The property has ±40 parking spaces and produces an NOI of $271,430. 10% of the property is subleased for $42,000 annually with no front access. Recent improvements include a comprehensive renovation totaling $250,000, covering both aesthetic enhancements and critical system upgrades. Key improvements include renovating the lobby, ensuring a turnkey investment opportunity for any buyer or investor.
Attractive Income-Producing Opportunity:
TRUE Automotive operates under a corporate- guaranteed, Triple Net (NNN) lease, with the tenant responsible for all property expenses. The lease features an initial 15-year term with 10% rent escalations every five years, and multiple 5-year renewal options with the same 10% escalations. These provisions are ideal for investors seeking to hedge against inflation and future holding costs.
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Contacts
Location
Getting Around
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Walk Score ®
49/100
Car-Dependent
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Bike Score ®
46/100
Somewhat Bikeable
- City Decatur, GA
- Neighborhood Stratford Commons
- Zip Code 30030
- Market Atlanta
Points of Interest
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Avondale
0.70 miles
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Decatur
1.34 miles
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Decatur MARTA Swanton Entrance
1.38 miles
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Kensington
1.55 miles
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East Lake
2.50 miles
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Indian Creek
2.79 miles
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Edgewood/Candler Park
4.00 miles
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Inman Park/Reynoldstown
4.77 miles
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King Historic District
6.04 miles
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Lindbergh Center
6.06 miles
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Chevron
0.61 miles
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Kroger
0.63 miles
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Shell
0.70 miles
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Texaco
0.74 miles
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Exxon
0.91 miles
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Citgo
1.06 miles
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Marathon
1.07 miles
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Gulf
1.09 miles
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Pure Station
1.16 miles
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QuikTrip
1.42 miles
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Avondale North Park and Ride
0.76 miles
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DFCS anex parking lot
0.84 miles
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DFCS parking lot
0.93 miles
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Church parking
0.99 miles
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Decatur First United Methodist Church Parking
1.05 miles
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Decatur Town Center Parking Deck
1.25 miles
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Library Parking
1.27 miles
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First Baptist Church Parking Deck
1.34 miles
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Courthouse Parking
1.47 miles
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Kensington North Park and Ride
1.53 miles
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Los Bravos -Decatur
0.54 miles
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Waffle House
0.56 miles
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My Parent's Basement -Restaurant and Comics
0.58 miles
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Skip's
0.59 miles
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Savage Pizza
0.61 miles
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Avondale Pizza Cafe
0.62 miles
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Subway
0.62 miles
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Viet Vana
0.62 miles
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Taylor'd BBQ
0.62 miles
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Burger King
0.62 miles
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Builders
0.32 miles
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Your Dekalb Farmers Market
0.42 miles
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Publix
0.43 miles
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Kroger
0.59 miles
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Whole Foods Market
0.81 miles
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Walmart Supercenter
1.00 miles
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Sprouts Farmers Market
1.00 miles
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ALDI
1.03 miles
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Burlington
2.86 miles
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Ross
3.11 miles
Frequently Asked Questions
How much does 257 Dekalb Industrial Way cost?
The space currently listed for sale at 257 Dekalb Industrial Way asks for $3,877,572.
What is the total square footage of 257 Dekalb Industrial Way?
257 Dekalb Industrial Way totals 19,350 square feet.
When was this property built?
257 Dekalb Industrial Way was built in 1958.
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