138 Commerce Ave | Lagrange, GA 30241
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138 Commerce Ave
Lagrange, GA 30241
FREDDY’S FROZEN CUSTARD & STEAKBURGER · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located Within the Atlanta MSA in An Affluent and Rapidly Expanding Area
- 10% Rental Increases Every Five Years
- Additional Retailers Located Include Walmart Supercenter, Target, Home Depot, Publix, Sprouts, Kroger, And Many More
- Long-Term 20-Year Lease | Absolute Triple Net Lease with No Landlord Responsibilities
- Strategically Positioned Next to a Signalized Hard Corner as Outparcel to Walmart
- Affluent Surrounding Area with Average Annual Household Incomes of Over $150,000 Within Five Miles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
1,400 SF
Building Class
C
Year Built
1967
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.87 AC
Zoning
C3
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
201’ on Commerce Avenue
AMENITIES
- Dedicated Turn Lane
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 050-2C-011-008 | Improvements Assessment | $460,120 |
| Land Assessment | $333,000 | Total Assessment | $793,120 |
PROPERTY TAXES
Parcel Number
050-2C-011-008
Land Assessment
$333,000
Improvements Assessment
$460,120
Total Assessment
$793,120
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