Property History
CBRE is pleased to exclusively offer the opportunity to acquire a 4,800-square-foot NAPA Autocare Center located on 0.94 acres in Woodstock, Georgia—a premier bedroom community of Metro Atlanta (MSA Population: 5.9 Million) that is located 30 miles north of the CBD. Woodstock is nestled in the foothills of the North Georgia mountains and is one of the fastest growing suburbs in the United States. The property is currently being operated as Giddeons Automotive, but will be rebranded to NAPA Auto Care Center post-closing. At close of escrow, a new 15-year NNN lease will be executedwhich will feature 7.50% rent increases every 5 years throughout the initial term and in its one 5-year renewal option. This NAPA site is situated with excellent access and visibility on GA-92 (41,300 VPD), which provides access to Interstate 575 (107,000 VPD) to the east and Interstate 75 (127,000 VPD) to the west. The property is also strategically positioned immediately adjacent to Cherokee Auto Sales and just south of the newly constructed of the Dixie Speedway. The site is also 1.4 miles from the recently-developed Tranquil Gardens Assisted Living Facility & Memory Care and 1.5 miles from the 80-unit Aldyn Townhome development; and benefits from its position within Woodstock’s primary retail and commercial corridor with 4.8 MSF of retail, 1.9 MSF of office, 1.9 MSF of industrial, and 6,731 multifamily units within a 3-mile radius. Other major retailers within the immediate vicinity include Target, The Home Depot, Lowe’s Home Improvement, Big Lots, Kohl’s, Office Max, Kroger, Food Depot, Advance Auto Parts, Wendy’s, Krystal, Woodstock Furniture & Mattress Outlet, QuickTrip, AutoZone, Dollar General, Havoline Xpress Lube, Compass Self Storage, Smart Clips, Shell, and U-Haul, to name a few. NAPA is also positioned just 5 miles from Kennesaw State University (Enrollment: 35,846)—the third-largest university in Georgia which offers undergraduate, graduate, and doctoral degrees from its two primary campuses in Kennesaw and Marietta. NAPA further benefits from dynamic demographics with a population of 76,628 and an average household income of $91,055 within a 3-mile radius.
- Premier Concept: NAPA AutoCare is the largest network of independent mechanics in North America with over 14,000 locations. Their ASE Certified mechanic services range from routine maintenance to major repairs. Every repair includes a free Peace of Mind Warranty that covers parts and labor for 24 months or 24,000 miles and is honored at every location nationwide. NAPA AutoCare will take care of any repair trouble at no extra charge. The property is currently being operated as Giddeons Automotive but will be rebranded to NAPA Auto Care Center post-closing.
- Brand New 15-Year NNN with Rent Increases: At close of escrow, NAPA will sign a 15-year NNN lease which will feature 7.50% rent increases every 5 years throughout the initial term and in its one 5-year renewal option.
- Excellent Access and Visibility: Situated with excellent access and visibility on GA-92 (41,300 VPD), which provides access to Interstate 575 (107,000 VPD) to the east and Interstate 75 (127,000 VPD) to the west.
- Primary Retail & Commercial Corridor: The site benefits from its position within Woodstock’s primary retail and commercial corridor with 4.8 MSF of retail, 1.9 MSF of office, 1.9 MSF of industrial, and 6,731 multifamily units within a 3-mile radius. Major retailers within the immediate vicinity include Target, The Home Depot, Lowe’s Home Improvement, Big Lots, Kohl’s, Office Max, Kroger, Food Depot, Advance Auto Parts, Wendy’s, Krystal, Woodstock Furniture & Mattress Outlet, Quicktrip, AutoZone, Dollar General, Havoline Xpress Lube, Compass Self Storage, Smart Clips, Shell, and U-Haul Neighborhood Dealer, to name a few.
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