NNN Pro Group is pleased to present the exclusive listing for an Maaco Auto Body Shop located at 445 Forest Parkway in Forest Park, GA 30297. The site consists of roughly 9,969 rentable square feet of building space on estimated 1.01-acre parcel of land. This Maaco Auto Body is subject to a 20-year absolute triple-net (NNN) lease, which commenced March 31st, 2021. The current annual rent is $67,969 and is scheduled to increase by 1.50% annually throughout the base term and in the 1, 5-year renewal option.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Over 17 Years of Lease Term Remaining
✓ One-And-A-Half Percent (1.50%) Rental Increases Annually
✓ One (1), Five (5)-Year Tenant Renewal Options
