361 N Expressway - Service Station FOR SALE


Griffin, GA 30223
$890,000 USD
678-508-6429
361 N Expressway, Griffin, GA for Sale
$890,000 USD
Service Station - FOR SALE
1/2
null | 7.01% Cap Rate

361 N Expressway
Griffin, GA 30223


OVERVIEW

Located approximately 40 miles south of Atlanta, this fully occupied income-producing property offers a prime investment opportunity with multiple revenue streams. The site sits on approximately 0.57 acres with a total building area of 2,715 square feet and features excellent frontage along U.S. Route 41, with convenient access to Interstate 75 and nearby U.S. Route 19 and GA State Route 155. The property is fully leased and generates stable income from three separate sources: a high-traffic car wash, a gas station/convenience store, and a billboard rental. The gas station/convenience store tenant is secured by a long-term lease, providing reliable income for investors. The popular car wash attracts consistent daily traffic, contributing to the property's strong visibility and customer flow. Strategically positioned along a major corridor with excellent road frontage, the property benefits from strong local traffic patterns and proximity to a nearby technical college, further enhancing its steady customer base. With multiple income streams, strong tenant occupancy, and a highly visible location, this asset presents a compelling investment opportunity. This property is competitively priced for a quick sale. Contact our office for additional details, including rent roll information.

FOR SALE DETAILS

PRICE

$890,000 USD

PRICE/SF

$328 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Griffin Valero Investment Property for $890k

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C3 - Commercial

APN/PARCEL ID

055-02-002

ASK ABOUT THIS PROPERTY

Amy AyeleyGreat Atlanta Realty, Inc.More Info
678-508-6429

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Amy AyeleyGreat Atlanta Realty, Inc.More Info
678-508-6429

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