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Surcheros 626 Old Historic US 441 Hwy 2,800 SF Retail Building Cornelia, GA 30531 $2,683,365 ($958.34/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- ABSOLUTE NET (ABS.NNN) LEASE STRUCTURE – Zero landlord responsibilities.
- ABSOLUTE NET (ABS.NNN) LEASE STRUCTURE – Zero landlord responsibilities.
EXECUTIVE SUMMARY
This shopping center outparcel located at a signalized intersection seeing over ±11,400 VPD is one of the most desirable locations in Cornelia, Georgia.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
2,800 SF
Building Class
C
Year Built
2023
Price
$2,683,365
Price Per SF
$958.34
Cap Rate
6%
NOI
$161,002
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.86 AC
Zoning
HB - Commercial
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 083-009 | Improvements Assessment | $204,860 |
| Land Assessment | $180,400 | Total Assessment | $385,260 |
PROPERTY TAXES
Parcel Number
083-009
Land Assessment
$180,400
Improvements Assessment
$204,860
Total Assessment
$385,260
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Surcheros | 626 Old Historic US 441 Hwy
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