Black background with the words 'The LAN' in white, stylized text.

Under Contract

Fayetteville, Georgia

Lease Term

Lot Size

3.77 AC

Parking

10 Years

±300

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Alpine South Properties is under contract to acquire a newly developed 3.77 acre parcel in Fayetteville, GA, leased to Tesla, Inc. (NASDAQ: TSLA) under a 10-year absolute NNN lease.


The site serves as surplus vehicle inventory for Tesla’s nearby showroom and service center, just a quarter mile away, and sits along GA-85 N (±30,000 VPD) directly across from Fayette Pavilion, Georgia’s largest open-air shopping center with 4.7M annual visitors.

Overview

Stabilized, investment-grade tenancy

An aerial view of a commercial area showing a large parking lot, and several businesses including Miller's Ale House, Olive Garden, Publix, The Home Depot, Jim'n Nick's Bar-B-Q, Walk-Ons, and Campero. There is a highlighted section with Tesla's service center and showroom occupying 3.77 acres, with a parking lot full of vehicles and a black Tesla logo.

Investment Highlights

  • Tesla, Inc. | Corporate Guaranty | Investment Grade BBB (S&P)

  • 2024

  • Located 22 miles south of Atlanta and 15 miles from Hartsfield-Jackson International Airport, the property lies in a high-growth Atlanta submarket with an average household income over $92,000 within five miles, supported by major employers like Delta, Coca-Cola, and Chick-fil-A.

  • 10-Year Absolute NNN | 10% Rent Bumps Every 5 Years

  • Surplus Vehicle Inventory for Service & Showroom

  • Tesla’s growth in Georgia highlights its expanding retail presence and direct-to-consumer model.
    The Fayetteville site strengthens its footprint along a high traffic corridor serving 400,000+ residents across Fayetteville, Jonesboro, Tyrone, and southern Atlanta.

Aerial Map