39292 Mercer Ave | Leary, GA 39862
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39292 Mercer Ave
Leary, GA 39862
New Construction | 7.7% Cap | NNN Lease · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.30 AC
Zoning
Commercial
Frontage
278’ on Mercer Ave
ABOUT 39292 MERCER AVE , LEARY, GA 39862
Investment Highlights: • Ideal 1031 exchange property • Long-term 10 Year lease • Strong 7.70% return for a brand new construction deal • Tenant responsible for Taxes, Insurance, HVAC, and CAM • Six, 5-year extension periods all of which include a ±5% rent increase • Leary is located just 35 miles west of Albany • Family Dollar was recently purchased by Dollar Tree, Inc. and is now considered to be the nation’s largest “small-box discount retailer”
PROPERTY TAXES
| Parcel Number | L0040-00000-004-B00 | Improvements Assessment | $377,886 |
| Land Assessment | $24,000 | Total Assessment | $401,886 |
PROPERTY TAXES
Parcel Number
L0040-00000-004-B00
Land Assessment
$24,000
Improvements Assessment
$377,886
Total Assessment
$401,886
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