Listed by DAUM Commercial Real Estate Services Los Angeles
$4,500,000
12155 Houze Rd
Details
APN 22-3870-1239-053
Property Type Retail
Sub Type Commercial
Square Footage 10,908
Cap Rate 6.85%
NOI $306,150
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NNN
Remaining Term 5
Rent Bumps Yes
Lease Options 5 year
Year Built 2002
Stories 1
Acreage 1.600
Investment Type Net Lease
Ground Lease No
A NNN leased Walgreens subleassed to Dollar Tree through August 31, 2027.
Marketing description
The subject property is a 10,908 square foot free-standing building sited on a 1.6 acre parcel ideally located at the signalized intersection of Houze Rd. and Rucker Rd. in Roswell, GA (Atlanta MSA).
Property Master Leased to Walgreens and Subleased to Dollar Tree for balance of Lease term with more than 6 years remaining.
Annual Rental Income (NOI): $306,150.000
Listing Contacts
Listed by DAUM Commercial Real Estate Services Los Angeles
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$306,150.00
$25,512.50/mo
Valuation Metrics
0
DSCR
6.8%
Cap Rate
6.8%
ROI
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