Maaco Auto Body

Forest Park, Georgia

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

Key Details

Price:: $1,045,677
Cap Rate:: 6.50%
Annual Rent:: $67,969
Address:: 445 Forest Parkway, Forest Park, Georgia 30297
Property Type:: Automotive
Lease Type:: Triple Net (NNN)

Original Lease Term:: 20 Years
Lease Commencement:: March 31, 2021
Lease Expiration:: March 31, 2041
Lease Term Remaining:: 17.1 Years
Lot Size:: 1.01 Acres
Building Size:: 9,969 SF
Year Built:: 1976
Tenant:: Maaco Auto Body

Talk to the pros

Glen Kunofsky

gkunofsky@nnnpro.com

License: 49KU1129178

Matthew Anuszkiewicz

manuszkiewicz@nnnpro.com

License: 10401294046

Francis Purritano

fpurritano@nnnpro.com

License: 10401333619

Walker Stevens

wstevens@nnnpro.com

Broker of record

Brian Brockman

Bang Realty-Georgia, Inc

License: 378952

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