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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 began in 1939 as a wholesale venture and later opened its first store in 1955, growing into a discount retail business focused on everyday essentials. The company sells food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, paper products, and seasonal items, and it also offers products online. Dollar General operates as a broad neighborhood retail chain with a presence across the United States and Mexico, serving shoppers through convenient store formats and an e-commerce channel.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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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