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31432542
31432543

2539 Veterans Memorial Hwy SW, Austell, GA 30168

ML
GA 19351
Crye-Leike Commercial
Listed by Crye-Leike Commercial
$650,000
70 days on market
Updated 42 days ago

100% Leased 3,760 SF 3 Tenant Retail Center

Details
APN 002700120
Property Type Retail
Sub Type Storefront
Square Footage 3,760
Cap Rate 8.00%
Occupancy 100%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 8.15%
Pro-Forma NOI $52,958
Price per SqFt $173
Acreage 0.450
Zoning GC
Investment Type Stabilized

Retail | 8.00% CAP | 3,760 SqFt

Marketing description

For sale at an attractive cap rate is a 100% leased 3,760 SF+- three tenant retail storefront property on 0.459 acres+- located on Veterans Memorial Highway in Austell, Georgia. The general commercial (GC) zoning allows a variety of businesses, making this a perfect rental income investment. The construction is a brick storefront façade with concrete block building replaced roof.

Veterans Memorial Highway is a significant east-west four lane artery with center turn lane connecting Atlanta to the west metropolitan area. The property has high visibility with an 28,000+ daily traffic count.

The adjacent 0.978 acres+- of vacant land also zoned GC must be purchased with the sale of this property

Investment highlights

3,760 SF+-, 3 tenant 100% leased investment on 0.459 acres+-

Attractive 8% projected cap rate

Brick storefront, block building / roof replaced

GC zoning allows a variety of uses

Highly visible with 28,000+ daily traffic count

Adjacent 0.978 acres+- also zoned GC must be purchased with this property

Listing Contacts

ML
GA 19351
Crye-Leike Commercial
Listed by Crye-Leike Commercial

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Additional Information

Name
Matthew Levin
License
19351
Brokerage
Crye-Leike Commercial, Inc.
Brokerage Phone
6784679658
Brokerage Address
5940 Bethelview Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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