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Elbert Center 118 N Oliver St 2,500 SF of Retail Space Available in Elberton, GA 30635
HIGHLIGHTS
- 2,500 SF available, divisible into 1,000 SF and 1,500 SF
- Anchored by Shell/Hop-In
- Competitive lease rate of $13/SF NNN with negotiable terms
- Prime location at the NEC of Hwy 72 and North Oliver Street
- Ample parking
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 2,500 SF | Negotiable | $13.00 /SF/YR $1.08 /SF/MO $32,500 /YR $2,708 /MO | Triple Net (NNN) |
1st Floor, Ste B
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Space is divisible to 1,500/1,000 SF.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT ELBERT CENTER
- Hop-In Shell Gas Station
- Shell
PROPERTY FACTS
| Total Space Available | 2,500 SF | Gross Leasable Area | 5,500 SF |
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Convenience Store | Parking Ratio | 3.64/1,000 SF |
| Total Space Available | 2,500 SF |
| Property Type | Retail |
| Property Subtype | Convenience Store |
| Gross Leasable Area | 5,500 SF |
| Year Built | 2004 |
| Parking Ratio | 3.64/1,000 SF |
ABOUT THE PROPERTY
The property at 118 North Oliver Street in Elberton, GA, is a versatile retail space located in the Elbert Center, offering a prime opportunity for businesses seeking visibility and accessibility in a central location. Built in 2004, the building features a gross leasable area of 5,500 square feet, with 2,500 square feet currently available for lease. The space is divisible into 1,500 SF and 1,000 SF units, providing flexibility for a range of tenant needs, from small service providers to larger retail operations. Strategically positioned at the northeast corner of Hwy 72 and North Oliver Street, the property benefits from strong traffic counts—9,591 vehicles per day on Hwy 72 and 5,149 vehicles per day on North Oliver—ensuring consistent exposure to both local and through traffic. The site is anchored by Shell/Hop-In, enhancing its draw and visibility within the community. The available space is offered at a competitive lease rate of $13 per square foot NNN, with a monthly base rent of $2,500 and NNN charges of $1,031. The property also features a parking ratio of 3.64 spaces per 1,000 SF, ensuring ample parking for customers and staff. Surrounding demographics support a stable customer base, with a population of 10,710 within a five-mile radius, and average household incomes ranging from $65,000 to nearly $70,000. These figures reflect a solid local market for retail and service-oriented businesses. Overall, 118 North Oliver Street offers a well-maintained, flexible retail environment in a high-traffic, high-visibility location—ideal for businesses looking to grow in the heart of Elberton. For leasing inquiries, contact Majors Management, LLC at 770-338-2620 or leasing@majorsmgmt.com.
NEARBY MAJOR RETAILERS
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Elbert Center | 118 N Oliver St
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