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5017 Buford Hwy
Atlanta, GA 30341
Jiffy Lube #2106 · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,416 SF
Building Class
C
Year Built
1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.31 AC
Zoning
C1

About 5017 BUFORD HWY , ATLANTA, GA 30341

RTP Capital Advisors is pleased to present Jiffy Lube #2106 featuring an absolute net lease with over fourteen years remaining and guaranteed by Lucor, Inc., a top US operator. Jiffy Lube, one of the nation’s leading automobile maintenance and automobile repair specialists, serves approximately 20 million customers each year. The subject property is located on a signalized hard corner on Buford Hwy NE, a major road traversing North Atlanta and leading directly into the downtown. Approximately one mile away is Interstate 285, a major interstate encircling Atlanta, and Interstate 85, another major interstate bisecting Atlanta and leading to the downtown. Within a three-mile radius of the subject property, the population is projected to increase by an estimated 35,000 people by 2022. In addition, the subject property is also supported by an estimated average household income of over $90,000 within a three-mile radius. The Atlanta metro is one of the fastest growing in the nation with a population in excess of 5,750,000. It is a major business center in the southeast and home to 15 Fortune 500 companies including Home Depot, Coca-Cola Company, Delta Airlines, Chick-fil-A, and many more. In addition, Atlanta is home to major sports teams, prestigious universities, and the Hartsfield-Jackson Atlanta International Airport, the busiest in the world. Jiffy Lube #2106 presents an investor with the opportunity to acquire an absolute net lease with over fourteen years remaining and guaranteed by a top operator of Jiffy Lube’s in the nation, Lucor, Inc. We are pleased to offer this investment opportunity for $707,000 at a 6.00% cap rate.

Property Taxes

Property Taxes

Parcel Number
18-297-03-001
Land Assessment
$103,400
Improvements Assessment
$357,120
Total Assessment
$460,520
  • Listing ID: 13114351

  • Date on Market: 7/10/2018

  • Last Updated:

  • Address: 5017 Buford Hwy, Atlanta, GA 30341

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