Industrial Portfolio FOR SALE


Fayetteville, GA
$1,390,000 USD
770-990-7277
, Fayetteville, GA for Sale
$1,390,000 USD
FOR SALE
1/1
null | 8% Cap Rate

Industrial Portfolio
Fayetteville, GA


HIGHLIGHTS

  • High traffic counts on Hwy 85N.
  • Great Visibility.
  • Great for Investment or Owner-User with additional Income.
  • Professionally done leases.

OVERVIEW

Can be a pure Investment Property OR Buyer can occupy the front building and receive a healthy income from the rear building to pay your mortgage and taxes. There are 2 buildings. In front: 3,250SF, a retail/office/automotive building (Vacant-but buyer can occupy OR, seller can lease it from you for $3,700/month Modified Gross. In rear: 6,000sf, an automotive repair building with 4 tenants, fully rented at $8,500/month Modified Gross. So, total gross rent will be $12,100/month, or $145,200/year. (There is one, 2 garage bay tenant in the rear building that does not have a lease, and you can ask him to leave if you require additional auto repair or warehouse space. Total income and the Excellent street visibility, located right on the busy Highway 85 in Fayetteville. Easy access from the divided 4 lane highway--turn lane from other side of street feeds directly into this property. Freshly painted and detailed. Freshly re-paved parking lot in front, New hot water heaters, newly painted and serviced garage doors. Roofs are shingle and are approximately 7 years old. Easy to manage. .92 of an acre. Zoned M1. Allows Auto Brokerage, used car lot, Office, retail, auto repair or Showroom/Warehouse.

ASK ABOUT THIS PROPERTY

Alan CallioniDavid Realty PartnersMore Info
770-990-7277

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Alan CallioniDavid Realty PartnersMore Info
770-990-7277

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