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64 Sailors Dr 7,200 SF 75% Leased Retail Building Ellijay, GA 30540 $988,000 ($137.22/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Between I-575/515 and downtown Elijay
  • Flexible Space and Owner
  • Nice offices

EXECUTIVE SUMMARY

This is a triple net lease commercial strip center available for sale or for lease. Units are available with 900 SF each or more in combination; up to a maximum of 7,200 SF plus a large parking lot.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Building Size
7,200 SF
Building Class
B
Year Built/Renovated
1988/2024
Price
$988,000
Price Per SF
$137.22
Cap Rate
6%
NOI
$59,280
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.20 AC
Opportunity Zone
Yes
Zoning
GC - Commercial or other use suitable for a business in the City of Ellijay
Parking
40 Spaces (5.56 Spaces per 1,000 SF Leased)
Frontage
400’ on Sailors Drive

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Conferencing Facility
  • Corner Lot
  • Courtyard
  • Fenced Lot
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Barbara's Hair Designers
  • Services
  • 600 SF
  • -
  • -
  • Bill Yarbrough Realty
  • Real Estate
  • 450 SF
  • -
  • -
  • Blizzard Digital Corp
  • Professional, Scientific, and Technical Services
  • 300 SF
  • -
  • -
  • C B A Of Georgia
  • Construction
  • -
  • -
  • -
  • Credit Bureau Associates Of Georgia
  • Finance and Insurance
  • 1,200 SF
  • -
  • -
  • Georgia North CPA
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Health Care and Social Assistance
  • 400 SF
  • -
  • -

They believe in empathy for victims and offenders, integrity of the individual, and results based on assertiveness training, cognitive restructuring, and restoration of self-esteem in all of their treatment programs.

  • Robert Westmoreland Insurance
  • Finance and Insurance
  • 300 SF
  • -
  • -
  • The Credit Union Llc
  • -
  • 900 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Barbara's Hair Designers Services 600 SF - -
Bill Yarbrough Realty Real Estate 450 SF - -
Blizzard Digital Corp Professional, Scientific, and Technical Services 300 SF - -
C B A Of Georgia Construction - - -
Credit Bureau Associates Of Georgia Finance and Insurance 1,200 SF - -
Georgia North CPA Professional, Scientific, and Technical Services - - -
Health Care and Social Assistance 400 SF - -
Robert Westmoreland Insurance Finance and Insurance 300 SF - -
The Credit Union Llc - 900 SF - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 900-1,800 SF
  • Office
  • -
  • Now

This is a triple net lease on suites in a commercial strip center available for sale or lease. Rent rate is $788 per month per 900 SF space. Tenant is responsible for all utilities, taxes, insurance & other cost; including prorata share of water & sewer cost. Units are available with 900 SF per suite or more in combination. Newly renovated space and built-to-suit are quoted on request; but the entire building has been renovated recently. Lots of onsite parking directly in front of each office. On site credit services, yoga studio, therapy, counseling, computer repair, hair salon, insurance and financial offices.

Space Size Space Use Position Available
1st Floor 900-1,800 SF Office - Now

1st Floor

Size
900-1,800 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 900-1,800 SF
Space Use Office
Position -
Available Now

This is a triple net lease on suites in a commercial strip center available for sale or lease. Rent rate is $788 per month per 900 SF space. Tenant is responsible for all utilities, taxes, insurance & other cost; including prorata share of water & sewer cost. Units are available with 900 SF per suite or more in combination. Newly renovated space and built-to-suit are quoted on request; but the entire building has been renovated recently. Lots of onsite parking directly in front of each office. On site credit services, yoga studio, therapy, counseling, computer repair, hair salon, insurance and financial offices.

NEARBY MAJOR RETAILERS

Regions Bank
Bank OZK
United Community Bank
Anytime Fitness
Waffle House
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1081-107B
  • 1081-107F
Land Assessment
$10,960
Improvements Assessment
$59,920
Total Assessment
$70,880
  • Listing ID: 19571304

  • Date on Market: 5/16/2020

  • Last Updated:

  • Address: 64 Sailors Dr, Ellijay, GA 30540

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