Jiffy Lube, Douglasville, GA

3242 Highway 5
Douglasville, Georgia 30135

PROPERTY SOLD

Property: Investment Sales

Square Footage: 1,300

Price: $800,000

Cap Rate: 6.75%

Description:

In Contract

  • Corporate ground lease with 9 years of term remaining and a 26 year operating history at this location
  • National brand with over 2,000 franchised service centers and 22 million customers annually
  • Across from a Kroger shopping center and adjacent to a Chick-fil-A that generates over $3M in sales annually
  • Less than 1 mile from I-20 , the main E-W interstate in GA, and 1.5 miles from Arbor Place Mall, a 1.19 million SF regional shopping destination
  • Arbor Place Mall, owned by CBL + Associates Properties, is anchored by Macy’s, JCPenney, Dillard’s, Belk, Sears, Regal Cinemas and has a trade area population of 900,000
  • Dense and developed suburban Atlanta bedroom community with over 26,000 households and 76,000 residents in a 5 mile radius of property
  • Traffic counts over 24,000 cars per day directly in front of property and over 91,000 on I-20 at the exit
  • Douglasville is the county seat of Douglas County, which has a population of 137,000 and average household income of $70,000

Jiffy Lube, Douglasville, GA

Downloads

Site Plan         

Aerials         

Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com