1816 Dean Ave SE - Freestanding FOR SALE
Rome, GA 30161 |
$1,139,000 USD
332-895-3073
1816 Dean Ave SE
Rome, GA 30161
HIGHLIGHTS
- NN+ lease with landlord responsible only for roof, structure, and foundation
- Absolute passive investment with Dollar General, a BBB credit-rated tenant
- Current annual rent of $79,715 with 10% increase at next option period
- Located directly off U.S. Highway 441 with ±15,500 VPD and strong visibility
- Below-market rent provides future upside through lease extension or re-tenanting
- ±3.28 years remaining on current lease term with one 5-year renewal option
FOR SALE DETAILS
PRICE
$1,139,000 USD
PRICE/SF
$134 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.44 AC
LAND SF
19,166 SF
ZONING
C-C
APN/PARCEL ID
J14O-275
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332-895-3073
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332-895-3073
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