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23719042

2764 Highway 411, Fairmount, GA 30139

DS
GA 447138
Performance Real Estate Services
Listed by Performance Real Estate Services
$695,000
373 days on market
Updated 33 days ago

2764 Highway 411 Fairmount GA

Details
Property Type Industrial, Office (+1)
Sub Type Executive Office, Traditional Office
Square Footage 3,003
Net Rentable (SqFt) 3,003
Cap Rate 7.19%
NOI $49,950
Rent Bumps Yes
Year Built 1988
Year Renovated 2024
Buildings 1
Stories 1
Acreage 0.780
Zoning Commercial
Investment Type Net Lease

100% Leased Investment Property - Ideal for 1031 Exchange

Marketing description

100% Leased Investment Property - Ideal for 1031 Exchange

Turnkey investment opportunity with two long-term, established tenants and immediate income. This fully remodeled property (2024) offers stable, triple-net (NNN) lease with 5% annual rent escalations, making it a perfect addition to any investment portfolio.

Tenant 1: Reputable, long-established funeral home Brand-new 5-year lease with multiple renewal options Triple-net lease (NNN) with 5% annual increases

Tenant 2: Synovus Bank Fresh 5-year lease term with renewal options 5% annual rent escalations

Total Annual Net Operating Income (NOI): $49,950.00

All the heavy lifting has been done-fully leased, recently renovated, and generating steady cash flow. A rare, hassle-free opportunity for passive investors and ideal for a 1031 exchange.

NOTE: Funeral Home is not closing or for sale! They are good Tenants

Listing Contacts

DS
GA 447138
Performance Real Estate Services
Listed by Performance Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$49,950.00
$4,162.50/mo

Valuation Metrics

0
DSCR
7.19%
Cap Rate
7.19%
ROI

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Additional Information

Name
David Shouse
License
447138
Brokerage
Performance Real Estate Services
Brokerage Phone
4048820651
Title
Co-Founder
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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