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217 N Mcdonough St
Decatur, GA 30030
Animal Hospital | New 15 Yr Lease | Abs NNN · Retail Property For Sale
Investment Highlights
- E-Commerce, Recession & Pandemic Resistant Property – Veterinary properties are extremely sought-after investments for their resistance to downturns
- Inflation Protected Lease Structure – Lease Features 2% Annual Increases throughout the term
- This investment is a completely hands-off, 15-year sale-leaseback with zero tax, maintenance, and insurance responsibilities
- 7.67% Average Cap Rate – The average cap rate over the life of the 15-year lease will be 7.67%, based on our asking cap rate of 6.65%
Property Facts
Property Type
Retail
Property Subtype
Building Size
11,657 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.50 AC
Zoning
C2
Parking
20 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
92’ on Mcdonough St
Property Taxes
| Parcel Number | 15-246-03-052 | Improvements Assessment | $1,936,592 |
| Land Assessment | $315,259 | Total Assessment | $2,251,851 |
Property Taxes
Parcel Number
15-246-03-052
Land Assessment
$315,259
Improvements Assessment
$1,936,592
Total Assessment
$2,251,851
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