COR Properties, LLC
COR Properties, LLC
Listed by COR Properties, LLC
$830,000
The Favorite at Gainesville GA
Details
Property Type Retail
Sub Type Storefront, Other
Square Footage 3,000
Net Rentable (SqFt) 3,000
Cap Rate 6.50%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 07/31/2030
Remaining Term 5
Rent Bumps Yes
Lease Options 5
Year Built 1930
Buildings 1
Acreage 0.070
Parking Spaces 0
Lease Commencement 07/31/2025
Brand new business at Midland Park. Great for local investors looking in the market.
Marketing description
5 year lease in place. Pelase do not bother tenant.
Investment highlights
With the 5-year lease at $4,500/month, the lease holder will earn $54,000/yr or $270,000 over the lease term.
Listing Contacts
COR Properties, LLC
COR Properties, LLC
Listed by COR Properties, LLC
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