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Fastenal 492 Main St 4,270 SF Retail Building Thomson, GA 30824 $444,444 ($104.09/SF) 6.75% Cap Rate
Investment Highlights
- Long-Term Lease Term Remaining
- NN Lease Structure
- Strong Retail Corridor
- Established Industrial Tenant
- Strategic Main Street Location
- Excellent Traffic Exposure
Executive Summary
Surmount is pleased to present the exclusive listing for a Fastenal located at 492 Main Street, Thomson, GA 30824. The site consists of roughly 4,270 rentable square feet of building space on an estimated .54-acre parcel of land. Fastenal is subject to a 21-year Double Net (NN) lease, which commenced 7/15/2010. The current annual rent is $30,000.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,270 SF
Building Class
B
Year Built
2002
Price
$444,444
Price Per SF
$104.09
Cap Rate
6.75%
NOI
$30,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.54 AC
Opportunity Zone
Yes
Zoning
1A
Frontage
100’ on Main St
Amenities
- Pylon Sign
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0T120 00000 100 000 | Improvements Assessment | $45,944 |
| Land Assessment | $15,974 | Total Assessment | $61,918 |
Property Taxes
Parcel Number
0T120 00000 100 000
Land Assessment
$15,974
Improvements Assessment
$45,944
Total Assessment
$61,918
Contacts
-
Alec Harris -
Mark Masino -
Madison O'Connor -
Christopher Marks -
Glen Kunofsky -
Surmount
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