Featured Property

NNN Investment Opportunity
8725 Tara Blvd
Jonesboro, ga 30236
Property For: Sale
Property Type: Investment
Sale Price: $1,578,973.00
Sq. Feet: 8075
  • No. Stories: 1
  • APN / Parcel ID: 05242B D011
  • Investment: Owner
  • CAP Rate Range: 6.50%

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Description

PROPERTY DETAILS:

  • NNN Investment Opportunity
  • Sales Price: $1,578,973 on a 6.5% Cap
  • $102,633.24 NOI
  • +/- 8,075 SF Advance Auto Parts
  • Long-Term NNN Lease with 11 Years Remaining
  • Current Lease Term Ends December 21, 2024
  • Tenant Signed New 10 Year Lease Agreement Beginning Jan. 1, 2025
  • 2- Five Year Options to Renew with Escalations
  • Same Tenant Since 1996
  • New Roof Installed in March 2021
  • Located on a Corner at a Traffic Light
  • Traffic Count: 44,180 VPD
  • Clayton County Tax Map#: 05242B D011

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Choose Spencer/Hines Properties as the professionals
to help you sell, buy or lease your commercial property.
  • Spartanburg

    Spencer/Hines Properties
    380 South Pine Street
    Spartanburg, SC 29302
    864.583.1001
    864.585.6188
  • Greenville

    Spencer/Hines Properties
    500 E. North Street, Suite F
    Greenville, SC 29601
    864.991.8077
    864.585.6188
  • Spartanburg

    Property Management Division
    347 E. Blackstock Road, Unit B
    Spartanburg, SC 29301
    864-573-7273