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- LoopNet Team
2483 Highway 17
Toccoa, GA 30577
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Tenant Controlled HVAC
- Air Conditioning
ABOUT 2483 HIGHWAY 17 , TOCCOA, GA 30577
Retail building constructed in 2003 and totally refurbished in 2016. Currently leased to Harbor Freight Tools. Lease expires in December, 2022, with 6 x 5 year options with 10% increases. Building is well maintained on a major thoroughfare in Toccoa, Ga. Replacement cost for this building is estimated at $950,000. Tenant has responsibility for HVAC in additional to standard maintenance. Landlord has responsibility only for roof and structure. NOI is $40,000 and the Cap Rate is 6.72. Acreage is 1.81 with 199 feet of frontage on US 17 Alt, or Big "A" Road.
PROPERTY TAXES
| Parcel Number | 042I-063 | Improvements Assessment | $160,389 |
| Land Assessment | $61,764 | Total Assessment | $222,153 |
PROPERTY TAXES
