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318 Baston Rd 15,446 SF 100% Leased Retail Building Martinez, GA 30907 $2,750,000 ($178.04/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Great Retail Exposure
- Owner User Option
- Well Maintained
- Strong Income
- Steel Construction
EXECUTIVE SUMMARY
This three tenant retail property has an excellent location in the Martinez area of Columbia County. Tenants include a hair salon, furniture consignment store and recreational boat dealership. The boat dealership is currently being re-leased. NOI is over $200,000 and has upside potential. This property is located in an affluent area of Columbia County and very close to Washington Road, Furys Ferry Road, and Riverwatch Parkway.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
15,446 SF
Building Class
C
Year Built/Renovated
2007/2019
Price
$2,750,000
Price Per SF
$178.04
Cap Rate
7.50%
NOI
$206,250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
3.20 AC
Zoning
C-2 Commercial - C-2 is a neighborhood Commercial zoning in Columbia County that allows a large number of potential retail and office uses.
Parking
70 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
169’ on Baston Rd
AMENITIES
- Pylon Sign
- Signage
- Wheelchair Accessible
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 082B005 | Improvements Assessment | $459,293 |
| Land Assessment | $201,974 | Total Assessment | $661,267 |
PROPERTY TAXES
Parcel Number
082B005
Land Assessment
$201,974
Improvements Assessment
$459,293
Total Assessment
$661,267
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318 Baston Rd
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