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409-419 Belmont Drive 409-417 Belmont Dr 8,534 SF 100% Leased Retail Building Warner Robins, GA 31088 $753,000 ($88.24/SF) 8.01% Cap Rate
Investment Highlights
- Vacant lot available for future expansion
- 8.01% CAP
- 100% Occupied
Executive Summary
BUILDING INFORMATION: 100% Occupied
Retail strip center at the traffic signal intersection of Russell Pkwy and Belmont Dr.
8% CAP
1 vacant lot included for future expansion
PVC doors in rear - won’t rust
Rent Roll available upon signing of CA; Operating Statement included below
660 - 6,700 SF - max and min units
Separate utility meters , tenants pay all utilities.
LAND: .6± Acres
YEAR BUILT: 1961
EFFECTIVE YEAR BUILT: 1983 & 2020
PROPERTY TAX BILL: $2,600.00
EXTERIOR: Concrete block - New paint on exterior building in 2020
INTERIOR / WALL HEIGHT: Sheetrock - 10’
ROOF: Composition - New 20 yr. roof on 100% of building in 2020
CEILING/LIGHTING: Acoustical tile / recessed fluorescent fixture
HVAC: Central Air
PARKING: 28+ striped parking spaces
SIGNAGE: Signage Included
ZONING: C2
Retail strip center at the traffic signal intersection of Russell Pkwy and Belmont Dr.
8% CAP
1 vacant lot included for future expansion
PVC doors in rear - won’t rust
Rent Roll available upon signing of CA; Operating Statement included below
660 - 6,700 SF - max and min units
Separate utility meters , tenants pay all utilities.
LAND: .6± Acres
YEAR BUILT: 1961
EFFECTIVE YEAR BUILT: 1983 & 2020
PROPERTY TAX BILL: $2,600.00
EXTERIOR: Concrete block - New paint on exterior building in 2020
INTERIOR / WALL HEIGHT: Sheetrock - 10’
ROOF: Composition - New 20 yr. roof on 100% of building in 2020
CEILING/LIGHTING: Acoustical tile / recessed fluorescent fixture
HVAC: Central Air
PARKING: 28+ striped parking spaces
SIGNAGE: Signage Included
ZONING: C2
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,534 SF
Building Class
C
Year Built
1961
Price
$753,000
Price Per SF
$88.24
Cap Rate
8.01%
NOI
$60,298
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.60 AC
Zoning
C2 - Commercial zone
Parking
28 Spaces (4.18 Spaces per 1,000 SF Leased)
Frontage
132’ on Belmont Dr
Amenities
- Signalized Intersection
- Accent Lighting
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Elegant Hair Designers
- Services
- -
- -
- -
- Extreme Scooter & Hobbies
- Retailer
- -
- -
- -
- Hair Plantation
- Services
- 240 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Elegant Hair Designers | Services | - | - | - | ||
| Extreme Scooter & Hobbies | Retailer | - | - | - | ||
| Hair Plantation | Services | 240 SF | - | - |
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $115,320 | |
| Land Assessment | $31,080 | Total Assessment | $146,400 |
Property Taxes
Parcel Numbers
Land Assessment
$31,080
Improvements Assessment
$115,320
Total Assessment
$146,400
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409-419 Belmont Drive | 409-417 Belmont Dr
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