Pep Boys NNN Property For Sale — Jonesboro, GA
8015 Tara Blvd., Jonesboro, GA 30236
This offering presents a compelling opportunity for investors to acquire a single-tenant ground lease investment, 100% leased to Pep Boys. The tenant has demonstrated a strong commitment to this location, recently extending their lease for an additional five years, securing occupancy through February 29, 2028. The lease features attractive inflation protection with a 10% rent increase scheduled for 2023. Strategically positioned as an outparcel within a shopping center anchored by Kroger and Planet Fitness, the property benefits from exceptional visibility and high traffic counts along a major north-south corridor in Jonesboro, GA (55,000+ ADT at Tara Blvd & State HWY 138). This asset represents a rare chance to acquire a leading automotive service and parts retailer in a proven retail ma…
- Address: 8015 Tara Blvd., Jonesboro, GA 30236
- Asking price $990,000
- 7.00% cap rate
- NOI $69,300
- 1.5 years remaining
- NNN lease
- Building size: 5,000 SF
- Lot size: 0.81 acres
- Lease expiration: Feb 29, 2028
- Rent increases: 3/1/2023-$76,230
- Guarantor: Corporate
Location
This Pep Boys property is at 8015 Tara Blvd. in Jonesboro, Georgia.
Asset type: Retail