9880 Main Street, Woodstock, Georgia 30188

Sale Information

Asking Price: $2,357,000

Building Size: 14,000 SQ FT

Lot Size: 60984

Cost per Square Foot: $168.36

Property Overview

Opportunity to acquire a strong and stable cash flow property in the growing Woodstock submarket of Atlanta. Aamco has been successful in this location since 2009 and just executed a 10-year lease renewal. The Parts Authority original 7 year lease has 5 years remaining. The leases have 2.5% and 3% annual rent escalations. Tenants cover all operating expenses. The building, roof, systems and parking lots are all in good condition.

This is a fantastic area for potential appreciation. Woodstock is ranked ninth in the state’s top 10 fastest growing cities. The surrounding 5 miles has seen a tremendous population increase of 70% in the past 10 years – more than doubling in size. Future job growth over the next ten years is predicted to be 52.2%.

Built: 2002

Occupancy: 100%

Property Details

Key Points: Two NNN national tenants Avg 7.5 years on current lease terms NOI $176,846 with annual increases Highly visible, lighted monument sign 1.4-acre site with 300’ of frontage on Main Street 23,800 daily traffic count on Main Street 14’-15’ ceilings Strong rental history

Broker Information

Bull Realty
Michael Bull, CCIM
404-876-1640 x101

50 Glenlake Parkway, Suite 600
Atlanta, Georgia 30328