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130 Gaines School Rd 2,112 SF Retail Building Athens, GA 30605 $345,000 ($163.35/SF) 5.91% Cap Rate
Investment Highlights
- ±2,112 SF single-tenant retail building on 0.41 acres
- Zoned C-G allowing a wide range of commercial uses
- Adjacent to McDonald’s and surrounded by national retailers
- Long-term tenant in place providing stable in-place income
- High-visibility location near major Athens retail corridor
- 25,000+ VPD along nearby Lexington Rd | Minutes to UGA
Executive Summary
Stabilized Retail Investment | Single-Tenant | Athens, GA
130 Gaines School Rd, Athens, GA presents a stabilized single-tenant retail investment opportunity in one of Athens’ most active commercial corridors. This ±2,112 SF building sits on approximately 0.41 acres and offers immediate in-place income with long-term upside in a growing market. The C-G zoning allows a very wide variety of uses for this property, including convenience stores, multi-family, drive thru restaurants, automotive sales, veterinary clinics, and much more.
The property is currently leased to a long-term tenant, providing steady cash flow for investors seeking a low-management, buy-and-hold opportunity. The building is well-positioned for continued occupancy, supported by strong surrounding retail activity and consistent consumer demand.
Located just minutes from downtown Athens and the University of Georgia, the site benefits from proximity to a major employment and population driver. The surrounding corridor includes a strong mix of national retailers such as Walmart, Publix, and Kroger, as well as daily traffic generators like McDonald's located adjacent to the property.
The site offers excellent visibility and accessibility, with traffic counts exceeding 25,000 vehicles per day along nearby Lexington corridors. Zoned C-G, the property allows for a wide range of commercial uses, providing flexibility for future repositioning or redevelopment.
Priced at $345,000, this offering represents an attractive entry point for investors seeking stable income in a high-growth Athens submarket with strong long-term fundamentals.
130 Gaines School Rd, Athens, GA presents a stabilized single-tenant retail investment opportunity in one of Athens’ most active commercial corridors. This ±2,112 SF building sits on approximately 0.41 acres and offers immediate in-place income with long-term upside in a growing market. The C-G zoning allows a very wide variety of uses for this property, including convenience stores, multi-family, drive thru restaurants, automotive sales, veterinary clinics, and much more.
The property is currently leased to a long-term tenant, providing steady cash flow for investors seeking a low-management, buy-and-hold opportunity. The building is well-positioned for continued occupancy, supported by strong surrounding retail activity and consistent consumer demand.
Located just minutes from downtown Athens and the University of Georgia, the site benefits from proximity to a major employment and population driver. The surrounding corridor includes a strong mix of national retailers such as Walmart, Publix, and Kroger, as well as daily traffic generators like McDonald's located adjacent to the property.
The site offers excellent visibility and accessibility, with traffic counts exceeding 25,000 vehicles per day along nearby Lexington corridors. Zoned C-G, the property allows for a wide range of commercial uses, providing flexibility for future repositioning or redevelopment.
Priced at $345,000, this offering represents an attractive entry point for investors seeking stable income in a high-growth Athens submarket with strong long-term fundamentals.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,112 SF
Building Class
C
Year Built
1977
Price
$345,000
Price Per SF
$163.35
Cap Rate
5.91%
NOI
$20,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.41 AC
Zoning
C-G - Zoned Commercial General.
Parking
15 Spaces (7.1 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Restaurant
- Security System
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 233B4-A-002-B | Improvements Assessment | $72,797 |
| Land Assessment | $45,045 | Total Assessment | $117,842 |
Property Taxes
Parcel Number
233B4-A-002-B
Land Assessment
$45,045
Improvements Assessment
$72,797
Total Assessment
$117,842
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130 Gaines School Rd