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3466 Winder Hwy
Flowery Branch, GA 30542
Firestone Complete Auto Care · Land For Sale · 1.28 AC

Investment Highlights

  • 5% Rental Rate Increase Every 5 Years
  • Five Mile Population 70,414 | Expected Growth 7.51%
  • 34,886 VPD on Winder Highway | 54,946 VPD on I-985
  • Adjacent to a Publix Anchored Shopping Center
  • Three Mile Population Growth Rat 7.88%
  • Only 1.4 Miles From University of North Georgia

Property Facts

Property Type Land
Property Subtype Commercial
Total Lot Size 1.28 AC
Zoning H-B

Description

Fortis Net Lease is pleased to present this 5,697 SF. Firestone Complete Auto Care store located in Flowery Branch, Georgia. This property will offer a brand new Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years during the primary term and including each five (5) year option to renew. The store is currently under construction with rent on-track to commence in July of 2021. This Firestone store is highly visible as it is strategically positioned on Winder Highway which sees 34,886 cars per day. It is adjacent to O'Reilly Auto Parts and a Publix Anchored Shopping Center near the I-985 exit, which sees 54,946 cars per day, and only 1.4 miles from The University of North Georgia. The five mile population from the site is 70,414 while the one mile average household income is $74,220 per year, which is ideal for a Firestone. This area is also experiencing great growth with the three mile population growth rate at 7.88%. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Firestone. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant. Instate Broker of Record: Brian Brockman | Bang Realty, Inc.

Property Taxes

Property Taxes

Parcel Number
15-00045-00-010
Land Assessment
$2,339,160
Improvements Assessment
$4,521,200
Total Assessment
$6,860,360
  • Listing ID: 22913369

  • Date on Market: 5/4/2021

  • Last Updated:

  • Address: 3466 Winder Hwy, Flowery Branch, GA 30542

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