www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33282981
33283545

1608 US HWY 19 S, LEESBURG, GA 31763-4949

TV
GA GA 408753
Blokk Commercial Real Estate
PP
GA 435670
Blokk Commercial Real Estate
Listed by Blokk Commercial Real Estate
$1,300,000
6 days on market
Updated 6 days ago

1608 U.S. Hwy 19 S Leesburg, GA 31763

Details
APN 040B 284
Property Type Retail, Mixed Use
Sub Type Auto Shop
Units 1
Cap Rate 7.31%
NOI $95,000
Tenancy Single
Lease Type NNN
Lease Term 15
Broker Co-Op True
Year Built 2002
Buildings 1
Acreage 0.620
Zoning C-2
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 05/22/2026
Occupancy Date 05/22/2026
Ground Lease No
Ownership Fee Simple
Sale Condition For sale by owner

Corporate Net Lease Investment Opportunity

Marketing description

Blokk Commercial Real Estate is pleased to present 1608 US-19, Leesburg, GA - a newly executed corporate NNN investment opportunity leased directly to Grease Monkey International, LLC. The property is situated on 0.62 acres along Highway 19, one of Leesburg's most active retail corridors with 29,000+ VPD, and is surrounded by national co-tenants including Publix, Walgreens, Chick-fil-A, and Zaxby's. The asset features a freshly signed 15-year NNN lease with Grease Monkey International, LLC (corporate), commencing May 2026, with four 5-year renewal options providing a potential total term through 2061. The lease includes 10% rent escalations every five years, delivering predictable, growing income with minimal landlord responsibilities. Automotive service centers, particularly quick lube and preventive maintenance concepts, represent one of the most resilient categories in the NNN investment space - offering internet-resistant, needs-based demand driven by an aging national vehicle fleet and consistent consumer traffic. With a direct corporate tenant, long-term lease certainty, and a proven high-traffic location, this offering represents a compelling opportunity for investors seeking stable yield in a growing South Georgia market.

Investment highlights

  • Leased directly to Grease Monkey International, LLC (corporate) with a freshly executed 15-year NNN lease with four 5-year renewal options.
  • Triple Net (NNN) - tenant responsible for taxes, insurance, and operating expenses.
  • Four 5-year renewal options providing potential total term through 2061.
  • Grease Monkey International, LLC is one of the nation’s largest franchisors of automotive preventive maintenance centers, founded in 1978 with more than 450 locations across the United States and internationally. The brand is the flagship of Full Speed Automotive and is actively expanding nationwide, including in Georgia.
  • 29,000+ vehicles per day on US Highway 19, providing outstanding visibility and consumer exposure.
  • Publix, Walgreens, Chik-fil-A, Zaxby’s, and other regional/national retailers

Listing Contacts

TV
GA GA 408753
Blokk Commercial Real Estate
PP
GA 435670
Blokk Commercial Real Estate
Listed by Blokk Commercial Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$95,000.00
$7,916.67/mo

Valuation Metrics

0
DSCR
7.31%
Cap Rate
7.31%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Traver Vliem
License
GA 408753
Brokerage
Blokk Commercial Real Estate
Brokerage Phone
9125156060
Title
Real Estate Sales Person
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591