Mighty Auto Parts HQ - NNN Net Lease Property for Sale
Norcross, GA
Key Investment Metrics
Price
$3,520,000
Cap Rate
6.3%
Net Operating Income
$220,000
Building Size
2705 SF
Lot Size
30,828 SF
Land Area
1.05 Acres
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Mighty Auto Parts HQ Net Lease Property
This Mighty Auto Parts HQ NNN (triple net lease) property is located in Norcross, GA and represents an excellent investment opportunity for commercial real estate investors. The property features 2705 square feet of building space and was built in 2024.
With a cap rate of 6.3%, this Mighty Auto Parts HQ net lease property offers stable income potential. The asking price is $3,520,000, making it an attractive option for 1031 exchange investors seeking quality Mighty Auto Parts HQ commercial properties.
Why Invest in Mighty Auto Parts HQ NNN Properties?
- Stable Income: Mighty Auto Parts HQ net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Mighty Auto Parts HQ is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Norcross, GA Market Overview
Located in Norcross, GA, this Mighty Auto Parts HQ property benefits from strong local demographics and market fundamentals. The Norcross area offers excellent visibility and accessibility, making it an ideal location for Mighty Auto Parts HQ operations and a solid investment for net lease property buyers.