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Tesla Sales & Delivery | Net Lease Investment 1580 Church St 18,200 SF 100% Leased Retail Building Decatur, GA 30033 $6,000,000 ($329.67/SF)



INVESTMENT HIGHLIGHTS
- Early 10-year lease renewal
- No options after end of initial term, flexibility to negotiate the lease terms (mark to market) or redevelop property
- Below market rental rate and low rent per typical Tesla location
- Popular location with over 42,000 visitors a year
EXECUTIVE SUMMARY
Ackerman Retail is pleased to exclusively present for sale a net lease Tesla Sales and Delivery Dealership investment opportunity located along a busy infill corridor in Decatur, Georgia.
This offering presents a unique chance to acquire a premier property leased to one of the world’s most innovative and disruptive companies. Situated in a highly trafficked area
near Downtown Decatur on Church Street, the property enjoys excellent visibility and accessibility. Its strategic location adjacent to Nalley BMW, across the street from a recently constructed Whole Foods retail center, and near Emory Decatur Hospital further enhances its desirability and underscores the strength of this infill location.
This offering provides investors with the rare opportunity to secure a long-term, net-leased asset with a strong tenant in a thriving and dynamic market with under market
rental rate and no options giving further upside flexibility to the Investor.
This offering presents a unique chance to acquire a premier property leased to one of the world’s most innovative and disruptive companies. Situated in a highly trafficked area
near Downtown Decatur on Church Street, the property enjoys excellent visibility and accessibility. Its strategic location adjacent to Nalley BMW, across the street from a recently constructed Whole Foods retail center, and near Emory Decatur Hospital further enhances its desirability and underscores the strength of this infill location.
This offering provides investors with the rare opportunity to secure a long-term, net-leased asset with a strong tenant in a thriving and dynamic market with under market
rental rate and no options giving further upside flexibility to the Investor.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
18,200 SF
Building Class
B
Year Built/Renovated
1986/2022
Price
$6,000,000
Price Per SF
$329.67
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.68 AC
Zoning
C2
Parking
300 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
260’ on Church St
AMENITIES
- Car Charging Station
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18-049-12-017 | Improvements Assessment | $485,784 |
| Land Assessment | $1,382,616 | Total Assessment | $1,868,400 |
PROPERTY TAXES
Parcel Number
18-049-12-017
Land Assessment
$1,382,616
Improvements Assessment
$485,784
Total Assessment
$1,868,400
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Tesla Sales & Delivery | Net Lease Investment | 1580 Church St
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