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1115 E 16th Avenue - InstaLoan, Cordele, GA

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1115 E 16th Avenue - InstaLoan

Cordele, GA 31015-1541

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:-
Building Size:1,200 SF Land Area:.24 AC (10,454 SF)
For Sale Price:$340,000 Price/SF:$283.33
Cap Rate:7.65 %
Features:Freeway Visibility, Signage

Sale Notes:
The tenant signed a thirty year NNN corporately
guaranteed lease which commenced in January of 2015.
The lease offers annual two percent rental increases,
and the tenant is responsible for the payment of
taxes, insurance and CAM on the property. The lease
is corporately guaranteed by the parent company of
Instaloan, TMX Finance, which has over 1,200 locations
nationwide. The tenant does have a right to terminate
the lease on the seventh, fifteenth, twentieth or twenty
fifth anniversary of the lease commencement date with
90 days notice to Landlord.

Atlanta Real Estate Group is pleased to present this
freestanding Instaloan property located in Cordele,
Crisp County, GA. Known as The Gateway to South
Georgia, Cordele is located about 2 hours north of the
Florida border. The subject property is located directly
off of Interstate 75 on 16th Avenue, which is the main
thoroughfare of Cordele. This highly visible store sits
in front of a Walmart Supercenter and is surrounded
by other national retailers including Save-A-Lot, Belk,
Walgreens, Harvey' s, Burger King, Tractor Supply
Company, Wendy' s, Taco Bell, KFC, Hibbet Sports,
Dollar Tree, and Regions Bank.

Atlanta Real Estate Group
Todd Bunke
(404) 964-9048

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