2057 Grayson Hwy - Freestanding FOR SALE
Grayson, GA 30017 |
$1,695,432 USD
404-272-3880
2057 Grayson Hwy
Grayson, GA 30017
HIGHLIGHTS
- 2 Free-Standing Building, 2 Tenant Property- Beside City Of Grayson Amphitheater & Park
- Fully Leased -2 Tenant Investment Property- Longstanding, Solid Tenants
- Grayson Landmark Buildings- The McConnell House and New (2018) Dance School/Event Center
- High Visibility & Heavy Traffic - 47,000 Cars Per Day
- 7.25% Cap Rate
- In the Path of Progress- new Retailers, Housing Developments & Excellent Schools
OVERVIEW
2 Tenant, 2 Free-standing Building, Fully leased property. 2 long-term tenants ( Ensemble Performing Arts, dba Gwinnett School of Music (Nat'l Tenant with 125+ locations) and Gwinnett Performing Arts, dba Gwinnett School of Dance- beloved community staples) with solid runway left on their leases and a five yr. option to renew for both. 3% Annual Increases, NNN with minimal Landlord responsibilities. 7.25% Cap Rate.
FOR SALE DETAILS
PRICE
$1,695,432 USD
PRICE/SF
$271 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Gwinnett School Of Music
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1910
SPRINKLERS
-
PARKING SPACES
33
LAND DETAILS
LAND ACRES
0.78 AC
LAND SF
33,977 SF
ZONING
OI, Grayson
APN/PARCEL ID
5-136-026
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404-272-3880
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404-272-3880
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