330 E Greene St - Drug Store FOR SALE


Monticello, GA 31064
$1,349,000 USD
770-874-9210
330 E Greene St, Monticello, GA for Sale
$1,349,000 USD
Drug Store - FOR SALE
1/10
null | 7.41% Cap Rate

330 E Greene St
Monticello, GA 31064


HIGHLIGHTS

  • 8,470 SF retail/free standing building
  • Lot size .91 acres
  • CVS exercised 5 year option starting November 2024; one remaining with a 10% rent increase
  • Zoned Community Commercial
  • Prime location in the City of Monticello, GA
  • Next national drug store is 17 miles away

OVERVIEW

A 8,470 SF retail/free standing CVS drugstore building built in 1994. The property is zoned Community Commercial in the heart of Monticello, GA. CVS has shown a strong commitment to this location recently exercising a 5-year option starting in November 2024 with one more 5-year option remaining with a 10% rent increase. With 100% occupancy by stable tenants, this property guarantees immediate returns. Boasting ample parking, high visibility, and prominent signage opportunities. Its strong national tenant, vibrant location and versatile layout makes it an ideal choice for investors. The next closest national drugstore or big box is approximately 18 miles away.

FOR SALE DETAILS

PRICE

$1,349,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

7.41%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

002

APN/PARCEL ID

M05A-048

ASK ABOUT THIS PROPERTY

Robert GoodSperryCGA - Good Group RealtyMore Info
770-874-9210

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Robert GoodSperryCGA - Good Group RealtyMore Info
770-874-9210

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