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Aaron's 705 E Lamar St 8,035 SF Retail Building Americus, GA 31709 $559,999 ($69.69/SF) 6.98% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guarantee
- One (1), Five-Year Renewal
- Future Upside Potential
- Recent Three-Year Extension
- Below Market Rents
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,035 SF
Year Built/Renovated
1993/2006
Price
$559,999
Price Per SF
$69.69
Cap Rate
6.98%
NOI
$39,065
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.81 AC
Opportunity Zone
Yes
Zoning
002
Frontage
198’ on Lamar St
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
Headquartered in Atlanta, The Aaron's Company, Inc. is a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions of appliances, electronics, furniture, and other home goods across its brands: Aaron's, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven. Aaron's offers a direct-to-consumer lease-to-own solution through its many Company-operated and franchised stores in many states and Canada, as well as its e-commerce platform.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17-4-19 | Improvements Assessment | $156,200 |
| Land Assessment | $85,040 | Total Assessment | $241,240 |
PROPERTY TAXES
Parcel Number
17-4-19
Land Assessment
$85,040
Improvements Assessment
$156,200
Total Assessment
$241,240
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Aaron's | 705 E Lamar St
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