2764 Highway 411 Se - Medical FOR SALE


Fairmount, GA 30139
$695,000 USD
404-391-5445
2764 Highway 411 Se, Fairmount, GA for Sale
$695,000 USD
Medical - FOR SALE
1/7
null | 7.19% Cap Rate

2764 Highway 411 Se
Fairmount, GA 30139


OVERVIEW

100% Leased Investment Property - Ideal for 1031 Exchange Turnkey investment opportunity with two long-term, established tenants and immediate income. This fully remodeled property (2024) offers stable, triple-net (NNN) lease with 5% annual rent escalations, making it a perfect addition to any investment portfolio. Tenant 1: Reputable, long-established funeral home Brand-new 5-year lease with multiple renewal options Triple-net lease (NNN) with 5% annual increases Tenant 2: Synovus Bank Fresh 5-year lease term with renewal options 5% annual rent escalations Total Annual Net Operating Income (NOI): $49,950.00 All the heavy lifting has been done-fully leased, recently renovated, and generating steady cash flow. A rare, hassle-free opportunity for passive investors and ideal for a 1031 exchange.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

7.19%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

Commercial

APN/PARCEL ID

F05Z-020

ASK ABOUT THIS PROPERTY

David ShousePerformance Real Estate Services LLCMore Info
404-391-5445

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David ShousePerformance Real Estate Services LLCMore Info
404-391-5445

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