2539-2545 Veterans Memorial Hwy - Freestanding FOR SALE


Austell, GA 30168
$589,000 USD
770-209-1700
2539-2545 Veterans Memorial Hwy, Austell, GA for Sale
$589,000 USD
Freestanding - FOR SALE
1/9
null | 9.08% Cap Rate

2539-2545 Veterans Memorial Hwy
Austell, GA 30168


HIGHLIGHTS

  • 3,760 SF+-, 3 tenant 100% leased investment on 0.459 acres+-
  • Attractive 9% projected cap rate
  • Brick storefront, block building / roof replaced
  • GC zoning allows a variety of uses
  • Highly visible with 28,000+ daily traffic count
  • Adjacent 0.978 acres+- also zoned GC is for sale separately

OVERVIEW

For sale at an attractive cap rate is a 100% leased 3,760 SF+- three tenant retail storefront property on 0.459 acres+- located on Veterans Memorial Highway in Austell, Georgia. The general commercial (GC) zoning allows a variety of businesses, making this a perfect rental income investment. The construction is a brick storefront façade with concrete block building with replaced roof. Veterans Memorial Highway is a significant east-west four lane artery with center turn lane connecting Atlanta to the west metropolitan area. The property has high visibility with an 28,000+ daily traffic count. The adjacent 0.978 acres+- also zoned GC is available for sale separately by the same owner for a total of 1.4 acres+-.

FOR SALE DETAILS

PRICE

$589,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

9.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Leased Retail Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

GC

APN/PARCEL ID

18-0027-0-012-0

ASK ABOUT THIS PROPERTY

Matthew LevinSVN Interstate BrokersMore Info
770-209-1700

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Matthew LevinSVN Interstate BrokersMore Info
770-209-1700

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