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INVESTMENT HIGHLIGHTS
- High Visibility
- Flexible Tenant Mix
EXECUTIVE SUMMARY
This fully occupied, high visibility 3-unit commercial building on Fulton’s main commercial strip offers approximately 18,000± sq ft of versatile space, featuring flexible layouts and a strong tenant mix, including a long term national tenant with excellent lease terms that provide stable income. The second unit includes 6,821 sq ft across the middle and end spaces, while the third 1,539 sq ft unit contains the back shop area, office, and bathroom—all currently leased. With its prime location, consistent cash flow, and tenants, this property presents an outstanding investment opportunity in one of Fulton’s most desirable business districts.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$45,600
|
$2.58
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$45,600
|
$2.58
|
| Taxes |
$18,516
|
$1.05
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$18,516
|
$1.05
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $45,600 |
| Annual Per SF | $2.58 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $45,600 |
| Annual Per SF | $2.58 |
| Taxes | |
|---|---|
| Annual | $18,516 |
| Annual Per SF | $1.05 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $18,516 |
| Annual Per SF | $1.05 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
17,644 SF
Year Built
1968
Price
$599,000
Price Per SF
$33.95
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
Zoning
C2
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Mavis
- Services
- -
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Mavis | Services | - | - | Triple Net | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 350400-253-034-0001-008-000-0000 | Total Assessment | $360,000 |
| Land Assessment | $158,800 | Annual Taxes | $18,516 ($1.05/SF) |
| Improvements Assessment | $201,200 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
350400-253-034-0001-008-000-0000
Land Assessment
$158,800
Improvements Assessment
$201,200
Total Assessment
$360,000
Annual Taxes
$18,516 ($1.05/SF)
Tax Year
2024
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807 S 4th St
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