This Retail Property is no longer advertised on LoopNet.com.
6229 Turner Lake Rd
Covington, GA 30014
Gulf · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- New 20 Year Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities
- Four (4) x Five (5) Year Options to Renew
- Strong Store Performance – 2.8 x Rent Coverage
- 2% Annual Rent Increases – Next Increase Set to Occur on 10/1/2020
- Blended CAP Rate of 8.89% Over Lease Term
- Excellent Visibility From Turner Lake Road and Brown Ridge Road With Multiple Points of Access
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Convenience Store
- General Retail Freestanding
- General Retail Service Station
- General Retail Storefront
Building Size
3,321 SF
Building Class
C
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.45 AC
Zoning
C1
Parking
10 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
150’ on Turner Lake Rd
AMENITIES
- Dedicated Turn Lane
ABOUT 6229 TURNER LAKE RD , COVINGTON, GA 30014
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. # 67374
LINKS
PROPERTY TAXES
Parcel Number | C040000020007B00 | Improvements Assessment | $209,280 |
Land Assessment | $63,360 | Total Assessment | $272,640 |
Listing ID: 17510740
Date on Market: 10/21/2019
Last Updated:
Address: 6229 Turner Lake Rd, Covington, GA 30014
The Retail Property at 6229 Turner Lake Rd, Covington, GA 30014 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.