4953 Lexington Rd - Freestanding FOR SALE


Rayle, GA 30660
$1,290,000 USD
503-559-8513
4953 Lexington Rd, Rayle, GA for Sale
$1,290,000 USD
Freestanding - FOR SALE
1/6
null | 6.49% Cap Rate

4953 Lexington Rd
Rayle, GA 30660


HIGHLIGHTS

  • Single Tenant NNN Leased Building
  • 5/5 Year Renewals with rare 10% increases
  • 100% Bonus Depreciation

OVERVIEW

Single Tenant NNN leased property. Perfect for 1031 Exchange. Initial 15 year lease term June 2018 to June 2033. Additional 5/5 year renewals with rare 10% increases. Only 32 miles from Athens GA, home to University of GA.

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

6.49%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,767 SF

ZONING

002

APN/PARCEL ID

016B- -013

ASK ABOUT THIS PROPERTY

Anita RisbergOmnivest LLC, Commercial Real EstateMore Info
503-559-8513

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Anita RisbergOmnivest LLC, Commercial Real EstateMore Info
503-559-8513

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