Author: cmanion

Just Listed – Multi-Use Commercial Property in Marietta I just listed a unique multi-use commercial property in the heart of Marietta. The property is located at the signalized intersection of Roswell Road and Woolco Drive at 1280 Roswell Road, just east of I-75. The site has strong demographics, a high traffic count of 25,200 cars… Continue reading Just Listed – Roswell Road

Two Smyrna Duplexes – Just Sold 1478 N. Diane CourtSold for $255,000 w/ $5,000 seller concessions 1487 Springwood DriveSold for $265,000 w/ $5,000 seller concessions I just sold a pair of duplexes in Smyrna, located just south of the Smyrna Village off King Springs Road. We received multiple offers above full asking price over the… Continue reading Just Sold – Two Smyrna Duplexes

Two Smyrna Duplexes – Under Contract I just listed a pair of duplexes in Smyrna, located just south of the Smyrna Village off King Springs Road. We received multiple offers above full asking price over the first week on the market, and went under contract within eight days. The metro-Atlanta residential and income property markets… Continue reading Two Smyrna Duplexes – Under Contract

September 2020 Residential Sales I closed the sale of three renovation project homes in September 2020. The properties were owned by three different sellers. All three homes were vacant and in need of major repairs at the time of sale. Each listing received multiple cash offers from home renovator investors. I’m based in northwest Atlanta… Continue reading September 2020 Residential Sales

Just Listed – Automotive Body Shop I just listed an automotive body shop located at 6412 E. Church Street, Douglasville, GA 30134. This is a complete turn-key business and real estate package that includes the two buildings, all the tools and equipment including a paint booth and frame machine, along with an significant existing book… Continue reading Just Listed – Automotive Body Shop

Just Sold – Industrial Warehouse & Automotive Shop I’m please to announce two recent sales that I just completed in June 2020. The first property is an industrial warehouse located in Lithia Springs, GA. My client was a family that built the warehouse in the 1980’s and used it as a machine shop for the… Continue reading Just Sold – Industrial Warehouse & Automotive Shop

Just Listed – Car Wash With Interstate 75 Visibility I just listed a car wash located at 42 Stone Mill Dr SE, Cartersville, GA 30121. It has frontage on Hwy 20 just northeast of I-75. The property also has clear visibility from Interstate 75, which has a daily traffic count of nearly 80,000 cars per… Continue reading Just Listed – Car Wash w/ Interstate 75 Visibility

Just Sold – Dollar General Net Lease I just completed the sale of the Dollar General property located at 2006 Kingston Highway in Rome, GA. I represented the out of state seller under an exclusive listing agreement. The property was sold to an out of state investor. 1031 exchanges were used on both sides of… Continue reading Just Sold – Dollar General Net Lease

Car Wash Lease-Purchase Transaction Closing I just completed a lease-purchase transaction of the Peachy Kleen Car Wash located at 3459 Powder Springs Road, Powder Springs, GA 30127. This property has been operating as a self-serve car wash since 2002. I represented the seller. The transaction included a cash down payment from the purchaser and a… Continue reading Car Wash Lease-Purchase Transaction Completion

Just Sold – Car Wash Redevelopment Site I just completed the sale of 3144 Canton Road, Marietta, GA 30066. This property is a 1.3 acre site located in East Cobb County. The property is an older car wash with self serve bays and older automatic tunnels. I represented the seller, and sold the property to… Continue reading Just Sold – Car Wash Redevelopment Site

I’m pleased to announce the sale of the Dollar General store at 4511 Alabama Highway in Coosa, GA, just west of Rome. This property has been occupied by Dollar General (NYSE: DG) since it was constructed in 1998. Chad Manion & Associates represented the seller as exclusive listing broker. The NN lease had 5 years… Continue reading Just Sold – Dollar General Net Lease Investment Property

Just Sold – 5,400 square foot metal building on 0.8 acres at 2136 Frank Lane in Marietta, GA, just off Pat Mell Road and South Cobb Drive.  This property has been operating as an automotive body shop but will be converted to a general-use warehouse by the new owner. I was hired by the sellers… Continue reading Just Sold – Automotive Warehouse Property in Marietta

Why Sell Your Investment Property Now? Lately many people I talk to about selling their commercial investment property have similar outlooks on selling. They usually say something like “Why would I sell; I don’t need the money. What would I do with the money if I sold? I’d just need to re-invest, and the market… Continue reading Why Sell Your Investment Property Now?

Net Lease Property Value Drivers This article discusses various factors that affect the value of net lease real estate investments. I’ve grouped the valuation topics into three main groups, 1) The Real Estate (the property itself), 2) The Tenant, and 3) The Lease. The Real Estate Location: Visibility Access Traffic count Demographics Building age and… Continue reading Net Lease Property Value Drivers