650 Thornton Rd | Lithia Springs, GA 30122
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- LoopNet Team
650 Thornton Rd
Lithia Springs, GA 30122
Express Oil Change · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-Year Absolute NNN Lease with 7% Increases Every 5 Years
- Baypine LP and Investors Recently Acquired Mavis in 2021, Reportedly Valued the Company at $6 Billion Including Debt
- Strong Unit-Level Sales Resulting in a Highly Profitable Location, 11% Year-Over-Year Growth
- Corporate Guaranty by Mavis Tire Express with 1,100 Locations Across 27 States and $1.5 Billion in Revenue
- Mavis Tire is the 2nd Largest Independent Tire Dealership Chain in the U.S.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,437 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.26 AC
Zoning
5
Parking
20 Spaces (5.82 Spaces per 1,000 SF Leased)
Frontage
269’ on Thornton Rd
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 3182-04-2-0-010 | Improvements Assessment | $172,440 |
| Land Assessment | $235,880 | Total Assessment | $408,320 |
PROPERTY TAXES
Parcel Number
3182-04-2-0-010
Land Assessment
$235,880
Improvements Assessment
$172,440
Total Assessment
$408,320
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