997 Gaines School Rd - Freestanding FOR SALE


Athens, GA 30605- Cedar Creek
$3,162,500 USD
770-855-8976
997 Gaines School Rd, Athens, GA for Sale
$3,162,500 USD
Freestanding - FOR SALE
1/5
null | 6% Cap Rate

997 Gaines School Rd
Athens, GA 30605
Cedar Creek


HIGHLIGHTS

  • New Construction, Long-Term, Absolute NNN Lease
  • Dominant Retail Corridor: located on signalized intersection with 25,000+ vehicles per day, near Lowe's, Aldi, Publix, Kroger, and Ollie's
  • Essential Needs Business
  • Less than Two Miles from the University of Georgia: student enrollment of ~43k and ~12k employees
  • Rapidly Growing Market (Athens, GA)

OVERVIEW

This is a prime opportunity to acquire a new construction Peachtree Immediate Care with a rare, 12-year lease term. The lease is absolute NNN and has 10.0% rent escalations every 5 years. The property is located in Athens, GA, only two miles from The University of Georgia, which has ~43k students and ~12k employees.

FOR SALE DETAILS

PRICE

$3,162,500 USD

PRICE/SF

$878 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Peachtree Immediate Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

-

APN/PARCEL ID

241-005-V

ASK ABOUT THIS PROPERTY

Collin CambasJohnny Blue Real Estate Services, LLCMore Info
770-855-8976

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Collin CambasJohnny Blue Real Estate Services, LLCMore Info
770-855-8976

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