Jiffy Lube NNN Property For Sale — Stone Mountain, GA
1247 South Hairston Road, Stone Mountain, GA 30088
This Jiffy Lube property presents a secure investment opportunity with a long-term triple net (NNN) lease, relieving the landlord of responsibilities. Located at 1247 S Hairston Road in Stone Mountain, GA, the property benefits from a strong franchisee guarantee and high traffic counts of over 25,500 VPD on S Hairston Road. The area is densely populated with over 255,149 residents within a 5-mile radius, boasting an average household income of $64,788. The location offers easy access to Loop 285 and downtown Atlanta, and is near Stone Mountain Park, a major tourist destination. Nearby national retailers further enhance the property's appeal.
- Address: 1247 South Hairston Road, Stone Mountain, GA 30088
- Asking price $1.07M
- 6.06% cap rate
- NOI $65,000
- 13 years remaining
- NNN lease
- Year built: 1986
- Building size: 2,024 SF
- Lot size: 0.78 acres
- Rent increases: With the Rental Increase of $68,250 Starting 10/01/2021, the Cap Rate Will Adjust to 6.37%
- Guarantor: Corporate
Location
This Jiffy Lube property is at 1247 South Hairston Road in Stone Mountain, Georgia.
Asset type: Retail