NNN Pro Group is pleased to present the exclusive listing for a North Rock Automotive located at 46 Cleveland St in McDonough, Georgia. The site consists of roughly 3,600 rentable square feet of building space on estimated 0.40-acre parcel of land. This North Rock Automotive is subject to a 20-year absolute triple-net (NNN) lease, which commenced September 1st, 2022. The current annual rent is $82,706 and is scheduled to increase by 2% Annually beginning in the seventh year and in each of the 4, 5-year renewal options.
✓ Long-Term, 18.9-Year Absolute Triple Net (NNN) Lease
✓ Lease Commenced September 2022
✓ Two Percent (2.00%) Rental Increases Occurring Annually
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
✓ Rapidly Expanding Operator | Operate Approximately 40+ Units with Extensive Pipeline for Continued Growth
