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29817807
29817721

5037 Union St, Union City, GA 30291 For Sale

DTSpade
Listed by DTSpade
$250,000
151 days on market
Updated 39 days ago

Prime Downtown Union City Investment

Details
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 1,300
Net Rentable (SqFt) 1,300
Cap Rate 6.02%
NOI $15,061
Occupancy 100%
Tenancy Single
Lease Type NN
Remaining Term 1
Class B
Year Built 1900
Year Renovated 2022
Buildings 1
Stories 1
Acreage 0.100
Zoning M1
Investment Type Stabilized
Ground Lease No

Awesome Downtown Investment Opportunity

Marketing description

DTSpade is honored to present an recently renovated eclectic property that's in downtown Union City next to City Hall and only 10 minutes from the airport. This retail property is located on a strip near a beautiful park and is only a couple of minutes away from a Wal-Mart.

With a over a 100,000 population within a 5 mile radius and over a 350,000 population within a 10 mile radius, this is a very rapidly growing area with plenty of potential.

This property has a long lasting and reliable tenant. Owner financing is also available.

This property is perfect for someone looking for a passive investment in a rapidly growing area.

Investment highlights

Great downtown location next to city hall and across the street from a park.

Very close to airport and near Wal-Mart.

Strong population levels with continued growth.

Long term tenant with market rents.

Owner financing available.

Recently renovated.

Listing Contacts

DTSpade
Listed by DTSpade

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$15,061.00
$1,255.08/mo

Valuation Metrics

0
DSCR
6.02%
Cap Rate
6.02%
ROI

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Additional Information

Name
Cordera Mitchell
License
392060
Brokerage
DTSpade
Title
Senior Brokerage Partner
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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