Listed by The Summit Group
$1,200,000
Investment Opportunity
Details
APN D10D 141
Property Type Industrial, Retail
Sub Type Auto Shop, Flex
Square Footage 1,484
Cap Rate 5%
NOI $60,000
Tenancy Single
Lease Type NNN
Broker Co-Op Yes
Year Built 2023
Buildings 1
Stories 1
Acreage 0.340
Zoning Commercial
Strickland Brothers Oil Change facility at 1511 Rice Avenue, Dublin, GA
Marketing description
Located at 1511 Rice Avenue this ±1,484 SF modern auto service building, custom-built in 2023, is perfectly situated on ±0.34 acres in a high-demand commercial corridor. Investors will benefit from an impressive $60,000 Net Operating Income (NOI) and the security of 14 years remaining on a long-term absolute NNN lease. The location has a high traffic count of 12,500 vehicles per day on Rice Avenue. It serves as a critical service hub just 1.1 miles from both Middle Georgia State University and the Carl Vinson VA Medical Center.
Investment highlights
Listing Contacts
Listed by The Summit Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$60,000.00
$5,000.00/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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