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31272007
31272006

2988 Rainbow Dr, Decatur, GA 30034

KC
GA 403799
Virtual Properties Realty
Listed by Virtual Properties Realty
$500,000
82 days on market
Updated 49 days ago

Store front on Rainbow Drive

Details
Property Type Retail
Sub Type Storefront
Net Rentable (SqFt) 3,022
Cap Rate 1%
NOI $5,000
Class C
Year Built 1974
Zoning GC
Investment Type Net Lease

Retail | 1.00% CAP

Marketing description

Great location retail building in Decatur GA, Zoned Retail/Commerical.

Investment highlights

  • Opportunity to create flexibility and the potential to increase NOI significantly.

  • Built in 4% annual rent escalations across all tenants, driving consistent year over year income growth.

  • Triple Net (NNN) Lease structure with minimal landlord responsibilities, providing a streamlined ownership experience.

  • Roof, HVAC systems, and parking lot are all in excellent condition with no deferred

Listing Contacts

KC
GA 403799
Virtual Properties Realty
Listed by Virtual Properties Realty

Valuation Calculator

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$5,000.00
$416.67/mo

Valuation Metrics

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DSCR
1%
Cap Rate
1%
ROI

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Additional Information

Name
keyron campbell
License
403799
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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