2720 Sylvan Road
$699,000
2720 Sylvan Road, East Point, GA 30344
For Sale
Retail
Active
Last Updated: 08/08/2022
8.05
Cap Rate
56,300
NOI
Details:
Cap Rate: 8.05%
NOI: $56,300
Building Size: 6,574 sqft
Year Built: 1955
Parking Spots: 12
Highlights:
- Lot Features: Level, Sidewalk
- Number Of Buildings: 2
- Bathrooms Total: 0
- Documents Available: Aer Photo, Envi Study, Lease
- Cooling: Central Air
- Heating: Central
- Electric: Other
- Flooring: None
- Construction Materials: Brick 4 Sides
- Parking Features: On Street, Parking Lot
- Accessibility Features: None
- Security Features: None
- Buyer Agency Compensation: 3
Description:
LOCATION, LOCATION, LOCATION! This commercial retail property is located near the intersection of Sylvan Rd and Cleveland Ave with heavy traffic. You're just minutes from Hartsfield International Airport and Downtown Atlanta in one of Atlanta's growing opportunity zones. Currently occupied by long-term tenants. Copies of leases are available upon request. An exceptional Cap Rate & NOI make this the perfect portfolio addition for the wise investor. Phase 1 and Phase 2 surveys have been completed and are available upon request. Competitive pricing below market value reflects the cost of needed contamination remediation. Quotes have been obtained.
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