Description

We are pleased to offer Discount Tire at 1665 Highway 138 SE in Conyers, Georgia, for sale at $1,450,000. The property totals approximately 7,073 SF and was built in 1984.

This investment opportunity consists of a single-tenant Discount Tire property located at 1665 Highway 138 in Conyers, Georgia. The property is leased to Halle Properties, L.L.C., for the operation of a Discount Tire/America’s Tire store. The lease commenced on October 13, 2011 through October 31, 2031, providing investors with long-term income from an established tenant. The lease is structured as an absolute NNN lease, which provides a passive ownership opportunity with limited landlord obligations and reduced exposure to operating expenses.

Highlights include: Single-tenant Discount Tire location leased to Halle Properties, L.L.C., providing long-term occupancy by an established automotive service tenant; Absolute NNN lease structure with the tenant responsible for taxes, insurance, utilities, maintenance, repairs, and replacements; Long-term lease in place through October 31, 2031; Six additional 5-year renewal options, with 5% increases each option, providing the potential for long-term tenancy beyond the initial lease term; Over 92K residents live within 5 miles of the site, with average household incomes exceeding $106K and projected to reach $128,600 within 5 years, supporting strong consumer spending and long-term growth; Major retail corridor with 45,000 cars passing per day; Nearby retail tenants include Kroger, Publix, Target, LA Fitness, Sprouts, and many more.

Conyers, Georgia is located approximately 24 miles east of downtown Atlanta on I-20, and serves as a growing suburban community within the Atlanta metropolitan area. The property is positioned along Highway 138, with 45,000 cars passing per day. The nearby trade area includes Publix, Kroger, Sprouts, Target, LA Fitness and many other national retailers.

Elliott Kyle and Chase Murphy of Skyline Seven Real Estate represent this offering. We welcome inquiries and are glad to share additional property information, photos and terms on request. Please contact us to discuss the opportunity or arrange a tour.