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22 Berkeley Rd 7,489 SF Retail Building Carlton, GA 30627 $1,130,000 ($150.89/SF) 7% Cap Rate
Investment Highlights
- NNN lease single tenant building
- Quality contruction brick and metal sided building
- 5/5 year lease renewals with rare 10% increases
Executive Summary
Cap Rate 7%. Perfect for 1031 Exchange. NNN leased building built in 2018. Includes 5/5 year renewals with rare 10% increases. Only 22 miles from Athens GA, home of University of Georgia. Carlton GA, average house hold income of $73,318.00. 100% Bonus Depreciation. Quality construction, brick and metal sided building.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
7,489 SF
Building Class
B
Year Built
2018
Price
$1,130,000
Price Per SF
$150.89
Cap Rate
7%
NOI
$79,080
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.77 AC
Zoning
B
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 0111-050 | Improvements Assessment | $231,875 |
| Land Assessment | $25,240 | Total Assessment | $257,115 |
Property Taxes
Parcel Number
0111-050
Land Assessment
$25,240
Improvements Assessment
$231,875
Total Assessment
$257,115
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22 Berkeley Rd
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