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300 Camellia Blvd 9,100 SF Retail Building Marshallville, GA 31057 $922,000 ($101.32/SF) 8.25% Cap Rate
Executive Summary
PROPERTY DETAILS:
Sales Price: $922,000
8.25% CAP Rate
In-Demand Absolute NNN Investment
+/- 9,100 SF Pre-Engineered Metal Free-Standing Retail Building with Concrete Block Front Exterior
Located on +/- 1.168 Acres
15-Year Absolute NNN Lease Commenced August 12, 2015
Four 5-Year Options with 10% Escalations Per Option
Macon County Parcel ID#: 5009B 0001A
Sales Price: $922,000
8.25% CAP Rate
In-Demand Absolute NNN Investment
+/- 9,100 SF Pre-Engineered Metal Free-Standing Retail Building with Concrete Block Front Exterior
Located on +/- 1.168 Acres
15-Year Absolute NNN Lease Commenced August 12, 2015
Four 5-Year Options with 10% Escalations Per Option
Macon County Parcel ID#: 5009B 0001A
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2015
Price
$922,000
Price Per SF
$101.32
Cap Rate
8.25%
NOI
$76,032
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.74 AC
Zoning
007 - 007
Frontage
150’ on Sleepy Hollow Rd
Property Taxes
| Parcel Number | 5009A-0001 | Improvements Assessment | $13,038 |
| Land Assessment | $3,922 | Total Assessment | $16,960 |
Property Taxes
Parcel Number
5009A-0001
Land Assessment
$3,922
Improvements Assessment
$13,038
Total Assessment
$16,960
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300 Camellia Blvd
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