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123 Commerce Dr
Villa Rica, GA 30180
RaceTrac · Retail Property For Sale
PROPERTY FACTS
ABOUT 123 COMMERCE DR , VILLA RICA, GA 30180
Marcus & Millichap has been selected to exclusively market for sale a single-tenant, freestanding RaceTrac convenience store with 24 fueling positions in Villa Rica, Georgia in the Atlanta MSA.Built in 1995, the location was recently remodeled in 2015 and the lease was extended to a new 15-year term.The lease includes 7.5% rental increases every five years in both the primary term and the seven, five-year renewal options. There is a corporate guarantee from RaceTrac Petroleum, Inc.which has annual sales of $9 billion (2014).* The lease is absolute net with no landlord maintenance responsibilities. *Source: RaceTrac The property has direct street frontage along Commerce Drive in Villa Rica, Georgia.Commerce Drive is a frontage road running parallel to Highway 61 (Industrial Boulevard), a major retail thoroughfare running thru Villa Rica with traffic counts of 17,350 VPD. The RaceTrac is located adjacent to a Chick-fil-A and Dunkin' Donuts and across the street from a Food Depot, Walgreens, Ingles Market, McDonald' s Taco Bell and other national retailers.
PROPERTY TAXES
| Parcel Number | V07-0110161 | Improvements Assessment | $335,710 |
| Land Assessment | $147,200 | Total Assessment | $482,910 |
PROPERTY TAXES
