Historical Retail Sale Listing - VICTORIA'S CENTER

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VICTORIA'S CENTER

3196 HWY 515, Blairsville, GA 30512

N/A

30,000 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
30,000 SF
Property Type:
Retail
Property Sub-type:
Outlet Center
Property Use Type:
Investment
Commission Split:
5%
Tenancy:
Multiple
Lot Size:
2.96 AC
Listing ID
16668103
Last Updated
348 days ago

Description

PRICE REDUCED TO 850,000 Cap Rate of 9.5% !!! VICTORIA'S CENTER has maintained its income and profits with a high occupancy rate throughout the reccession. Owner is continually improving facilities and provides exceptional service to tenants. Current occupancy is 90%. Excellent cash flow with current rentals. High Traffic Location.

IN BLAIRSVILLE, GA, FROM THE TRAFFIC LIGHT AT HOME DEPOT, GO EAST ON HWY 515 APPROXIMATELY 2 MILES TO VICTORIA'S PLAZA ON RIGHT (NEXT TO BOWLING ALLEY AND THEATER). NOTE THAT SIGN CURRENTLY REFLECTS OLD ADDRESS OF 2386; NEW 911 ADDRESS IS 3196. WATCH FOR TURN-IN JUST BEFORE BOWLING ALLEY. GREAT INVESTMENT OPPORTUNITY. WELL ESTABLISHED VICTORIA'S PLAZA ON MAJOR HWY. IN BLAIRSVILLE, GA. COMPRISED OF 10 UNITS TOTALLING 30,000 SQ FT, INCLUDING FULLY EQUIPPED RESTAURANT. SPACE IS 90% LEASED.PROPERTY IS BEING SOLD FOR VALUE OF REAL ESTATE.

Map of 3196 HWY 515, Blairsville, GA 30512 (Union County)

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