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7861 Tara Blvd
Jonesboro, GA 30236
Tires Plus · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Long Term Lease
- Zero Landlord Responsibilites
- Traffic Counts
- Fixed Rent Increase
- Recession Resistant Investment
- Strong Corporate Tenant
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive sale of a Tires Plus investment property located at 7861 Tara Boulevard in Jonesboro, Georgia (the “Property”). The single tenant Triple Net (NNN) Leased Tires Plus was constructed in 2000 and contains 6,757 square feet on a 0.91-acre parcel. Tires Plus has just extended their lease, demonstrating their commitment to the site and market. Tires Plus has 5+ years remaining on their Triple Net (NNN) Lease with three (3), 5-year renewal options and attractive 10% rental increases at the start of each renewal option. The Property is prominently positioned along Tara Boulevard (US Route 41 & 19), Jonesboro’s primary commercial and commuter corridor. Tires Plus benefits from excellent access and visibility with significant frontage on US Route 41 & 17, attracting both residents and commuters. The Property is seconds from the signalized intersection with GA Highway 138 Street and is convenient to GA Routes 54 and 85, as well as Interstate 75. Tires Plus is an outparcel to Jonesboro Corners Shopping Center, is seconds from Crossroads South Shopping Center (anchored by Kroger and Planet Fitness), and is surrounded by national and local retailers and restaurants that drive traffic to the area. Additionally, the Property is convenient to residential neighborhoods and area schools providing a built-in customer base.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,757 SF
Building Class
B
Year Built
2000
Price
$2,417,538
Price Per SF
$357.78
Cap Rate
6.50%
NOI
$157,140
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.91 AC
Zoning
GB - General Business
Frontage
154’ on Tara Blvd
PROPERTY TAXES
| Parcel Number | 13-0210B-00D-007 | Improvements Assessment | $226,680 |
| Land Assessment | $156,800 | Total Assessment | $383,480 |
PROPERTY TAXES
Parcel Number
13-0210B-00D-007
Land Assessment
$156,800
Improvements Assessment
$226,680
Total Assessment
$383,480
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