Solo Motorsports | 11702 Alpharetta Hwy
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Solo Motorsports 11702 Alpharetta Hwy
3,355 SF Retail Building Roswell, GA 30076 $3,463,680 CAD ($1,032.39 CAD/SF) 6.10% Cap Rate
INVESTMENT HIGHLIGHTS
- Long term lease with zero Landlord responsibilities | 17+ years remaining | Absolute Net
- 6-bay full-service auto repair facility | Completely renovated recently in 2022
- Great visibility from Alpharetta Hwy | 22,100 VPD
- Corporate lease with personal guarantees | Solo Motorsports, LLC | 10 locations across Georgia
- Attractive rent growth | 2% annual increases
- This location has a track record of impeccable customer service | 5.0 Google Rating with nearly 150 5-star reviews
EXECUTIVE SUMMARY
Al Dickens and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Solo Motorsports in Roswell, GA. We welcome your review of this attractive investment.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,355 SF
Building Class
B
Year Built/Renovated
1998/2022
Price
$3,463,680 CAD
Price Per SF
$1,032.39 CAD
Cap Rate
6.10%
NOI
$211,284 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.56 AC
Zoning
C1
Parking
24 Spaces (7.15 Spaces per 1,000 SF Leased)
Frontage
220’ on Alpharetta Hwy
AMENITIES
- Bus Line
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Solo Motorsports
- Services
- 3,355 SF
- -
- Net
- Jul 2042
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Solo Motorsports | Services | 3,355 SF | - | Net | Jul 2042 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 12-2340-0597-176-7 | Improvements Assessment | $110,744 CAD |
| Land Assessment | $324,190 CAD | Total Assessment | $434,934 CAD |
PROPERTY TAXES
Parcel Number
12-2340-0597-176-7
Land Assessment
$324,190 CAD
Improvements Assessment
$110,744 CAD
Total Assessment
$434,934 CAD
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Solo Motorsports | 11702 Alpharetta Hwy
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