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Flex/Retail/Automotive Building For Sale 99 Bay St 14,164 SF Flex Building Fairburn, GA 30213 $1,350,000 ($95.31/SF) 7.46% Cap Rate

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INVESTMENT HIGHLIGHTS

  • ± 14,164 SF (two buildings) on a fenced ±1.74 acre corner parcel in Fairburn (S. Metro Atlanta)
  • Flexible C2 zoning allowing auto, truck, equipment sale and repair shops as well as event, office, retail, and business services
  • Excellent visibility on Bay Street with 2 existing signs and potential façade signage on the front of the building
  • Heavy parking with a large, paved surface parking lot in the front and additional parking on the sides and rear
  • Ideal owner-user or investor opportunity
  • Conveniently located less than 2 miles from I-85, 9 miles from Hartsfield-Jackson International Airport and less than 20 miles from downtown Atlanta

EXECUTIVE SUMMARY

99 Bay Street consists of two buildings totaling ± 14,164 SF on 3 parcels totaling ± 1.74 acres in Fairburn, GA. The property is occupied by multiple tenants including auto brokers, an auto dealer, an event facility who recently signed a five year lease, and an automotive repair shop who is currently month-to-month and paying under market rate which allows for a lease restructure or owner/operator to occupy

PROPERTY FACTS

Price $1,350,000
Price Per SF $95.31
Sale Type Investment or Owner User
Cap Rate 7.46%
Property Type Flex
Property Subtype
Light Manufacturing
  • General Retail Auto Repair
  • General Retail Freestanding
  • General Retail Storefront Retail/Office
Building Class C
Lot Size 1.74 AC
Rentable Building Area 14,164 SF
No. Stories 1
Year Built 1971
Zoning C2 - Flexible C-2 zoning allowing for auto, truck, equipment sales and repair shop. Event, office, retail, film and business services

AMENITIES

  • Signage
  • Wheelchair Accessible

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 09F-1703-0066-116-8
  • 09F-1703-0066-114-3
  • 09F-1703-0066-115-0
Land Assessment
$70,200
Improvements Assessment
$283,280
Total Assessment
$353,480
  • Listing ID: 29411581

  • Date on Market: 8/31/2023

  • Last Updated:

  • Address: 99 Bay St, Fairburn, GA 30213

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