3250 Highway 81 S - Storefront FOR SALE


Covington, GA 30016
$1,300,000 USD
706-736-1031
3250 Highway 81 S, Covington, GA for Sale
$1,300,000 USD
Storefront - FOR SALE
1/9
null | 8.25% Cap Rate

3250 Highway 81 S
Covington, GA 30016


OVERVIEW

Positioned along Highway 81 South, the property benefits from strong visibility, convenient access, and steady traffic counts. Its location offers quick connectivity to major thoroughfares serving the greater Atlanta region while maintaining proximity to Covington’s established residential neighborhoods, schools, and growing commercial base. This offering presents an excellent opportunity to acquire a well-located commercial asset in a thriving and expanding market. With ever increasing construction costs, this property gives an end-user the opportunity to efficiently and economically convert this building to a number of different uses. This property is currently leased by Family Dollar and is being sold with the lease in place. The landlord is willing to work out a lease buyout with Family Dollar. The store went dark on February 1st and the tenant currently has no intentions of reopening the store.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.57 AC

LAND SF

111,949 SF

ZONING

CG

APN/PARCEL ID

0028000000100B00

ASK ABOUT THIS PROPERTY

Holton BrinsonJordan Trotter Commercial Real EstateMore Info
706-736-1031

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Holton BrinsonJordan Trotter Commercial Real EstateMore Info
706-736-1031

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