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6340 Highway 85
Riverdale, GA 30274
7 % CAP Free Standing Building Hwy 85, Riverd · Retail Property For Sale
Investment Highlights
- ?7% cap rate, which can be increased based on negotiated rent increases
- ?Desirable Creditworthy Tenant with Significant Lease Term?
- ?Great location with high density, high traffic, and close to residential neighbourhood neighbourhoods
- ?New Roof as of 10/21
- ?Recent Capital Improvements - This building has undergone significant capital improvements as of late with renovations in 2021
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,856 SF
Building Class
C
Year Built/Renovated
1978/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.86 AC
Zoning
GB - General Business
Parking
36 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
262’ on Hwy 85
Property Taxes
| Parcel Number | 13-0138B-00C-006 | Improvements Assessment | $214,680 |
| Land Assessment | $45,000 | Total Assessment | $259,680 |
Property Taxes
Parcel Number
13-0138B-00C-006
Land Assessment
$45,000
Improvements Assessment
$214,680
Total Assessment
$259,680
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