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367 Richardson Road SE, Calhoun, GA

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367 Richardson Road SE

Calhoun, GA 30701

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2005
Building Size:4,000 SF Land Area:1 AC (43,560 SF)
For Sale Price:$399,900 Price/SF:$99.98
Cap Rate:7.50 %
Parking:16 Surface spaces are available; Ratio of 5/1,000 SF

This building and property will make an excellent site for destination retail, office, industrial or service operations. It has 4,000SF and sits on one acre. The building has an open floor plan with two main area, two small office nooks, 3 bathroom and warehouse space with two 14' roll up doors. Metal roof, carpet over poured concrete floors, and 12' ceilings. Level parking lot with 20 parking spaces in front, fenced back area with gravel for additional parking if needed.
Easy access to Highway 53, minutes from restaurants, shopping, and major industrial park.

Medical Office, 4,000 sq. ft. single tenant building on one acre, front and rear parking with fenced rear parking. 7 year lease, effective March 1, 2015, with option tenant option for multiple 5 year renewals. Lease rate increases by 4%/year with minimal landlord responsibilities. Built new in 2005, tenant buildout estimated at $200,000. Block construction with metal standing seam roof.

Sale Notes:
- 7 year tenant lease from March 1, 2015
-$200,000 tenant build out estimate
- Standing seam metal roof
- 4%annual rent increases
- Block Construction
- Minimal Landlord Responsibilites

Kurt D Cooper Inc
Kurt D Cooper
(404) 861-1300

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