24 Pyne Rd - Storefront FOR SALE


Lagrange, GA 30240
$2,290,000 USD
503-559-8513
24 Pyne Rd, Lagrange, GA for Sale
$2,290,000 USD
Storefront - FOR SALE
1/4
null | 5.75% Cap Rate

24 Pyne Rd
Lagrange, GA 30240


HIGHLIGHTS

  • NNN Single Tenant Investment Property
  • 5/5 Year Lease Renewals with 10% Increases
  • Perfect for 1031 Exchange

OVERVIEW

Perfect NNN leased investment property for 1031 exchange. Initial 15 year lease June 2018 to June 2033. Additional 5/5 year renewals with rare 10% increases. Excellent location. Minutes to West Point Lake. Lagrange is home to Lagrange College, the oldest private college in the state of Georgia. Average house hold income of $94,934.00.

FOR SALE DETAILS

PRICE

$2,290,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,881 SF

ZONING

CG

APN/PARCEL ID

080-2-000-004

ASK ABOUT THIS PROPERTY

Anita RisbergOmnivest LLC, Commercial Real EstateMore Info
503-559-8513

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Anita RisbergOmnivest LLC, Commercial Real EstateMore Info
503-559-8513

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.