Listed by RE/MAX Five Star
$1,800,000
311 Jonah Lane
Details
APN 030D 094 027
Property Type Industrial, Office
Sub Type Warehouse, Traditional Office
Square Footage 8,000
Net Rentable (SqFt) 8,000
Units 8
Occupancy 50%
Tenancy Multi
Brand/Tenant Other
Lease Type NNN
Lease Term 2
Broker Co-Op Yes
Class B
Year Built 2017
Year Renovated n/a
Buildings 2
Stories 1
Acreage 1.960
Zoning C2
Parking Spaces 16 spaces
Parking Per SqFt 2.00
Investment Type Sale/Leaseback
Tenant Credit Credit Rated
Occupancy Date 01/20/2025
Ground Lease No
Ownership Jonah Lane Commercial LLC
Sale Condition For sale by owner
Retail strip center, 8 total units with in 1,000 sq ft. contained in each unit.
Marketing description
For sale, two separate buildings, each building containing four units of office, warehouse and/or retail space. Of the eight total units, each one contains 1,000 sq. ft. of space. Each unit includes a combination of office/ warehouse/ and bathroom space. Doors for deliveries are located in the rear of each unit. The two, four-unit buildings are located on a 1.96-acre parcel near the downtown area of rapidly growing Jasper, GA. Jasper is known as the “First Mountain City”. This property is adjacent to a brand new 143-unit apartment development. Each of units rent for $ 1,750 per month, with a minimum 2-year lease. Four of the eight total units are currently leased.
Investment highlights
Eight units (1000 sq ft ) that will be surrounded by 143 units of new apartments currently under construction. Opportunity to own and lease to service industry that supports apartment living- coffee shop, nail salon, sandwich shop, small business outlets.
2. Rental market in Jasper, Ga. has very limited small ( 1,000 sq. ft. ) offerings.
3. New rent rates as of 8/1/2025 $1,750. per new lease.
4 At $ 1,800,000. the Cap rate is 8
Listing Contacts
Listed by RE/MAX Five Star
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