$389,000
$399,900
2.7%For more information regarding the value of a property, please contact us for a free consultation.
7,500 SqFt
SOLD DATE : 10/01/2019
Key Details
Sold Price $389,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $51
MLS Listing ID 6525010
Year Built 1998
Annual Tax Amount $2,990
Tax Year 2018
Lot Size 0.700 Acres
Property Sub-Type Retail
Property Description
This is a Dollar General net lease investment property. The current gross income is $31,800/year. The lease has 5 years 10 months remaining (expires Jan 31, 2025). Tenant has an option to renew for an additional 5 years at $36k/year. The lease is NN (landlord is responsible for structural and exterior). Dollar General is a credit-grade tenant. Net lease investments with such a high quality tenant in this price range are rare and in high demand.
Location
State GA
County Floyd
Area 351 - Floyd-West Rome
Zoning C
Rooms
Other Rooms None
Interior
Heating Forced Air
Cooling Central Air
Flooring Concrete
Exterior
Fence None
Utilities Available Electricity Available
Waterfront Description None
View Rural, Other
Roof Type Flat
Building
Lot Description Corner Lot
Story One
Structure Type Brick Front, Metal Siding
New Construction No
Others
Acceptable Financing Assumable, Cash
Listing Terms Assumable, Cash
Special Listing Condition None
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Bought with Non FMLS Member
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1355 Terrell Mill Rd., Bldg # 1464, Marietta, GA, 30067