2039 Scenic Hwy Local commercial 260 m² À vendre Snellville, GA 30078 1 294 305 € (4 975,64 €/m²) Taux de capitalisation 6 %

This fee simple, net-leased investment opportunity features a well-established Service Street Auto Center located on a high-traffic outparcel in front of Snellville Pavilion, a major retail hub anchored by Kohl’s, Belk, and Big Lots. Positioned along Scenic Highway, one of Snellville’s busiest commercial corridors with over 57,000 vehicles per day, the property benefits from exceptional visibility and accessibility.
The ±2,800 SF facility includes six service bays (four with in-ground lifts), two oil change pits, a customer waiting area, and separate restrooms for staff and patrons. The tenant, Service Street, is in year 16 of a 20-year initial lease term and has demonstrated consistent performance with a spotless payment history. The lease is backed by a corporate guaranty and includes annual rent increases of 1%, with six 5-year renewal options remaining.
Snellville, located just 18 miles east of Atlanta, is part of Gwinnett County—Georgia’s second-most populous county. The area boasts strong demographics, with an average household income exceeding $100,000 and a population of over 79,000 within a 5-mile radius. The city is undergoing dynamic growth, including the development of The Grove at Towne Center, a mixed-use downtown hub.
This investment offers stable cash flow, zero landlord responsibilities, and long-term income security in a thriving suburban market.