request_info_guest false

699 Short

$849,000

699 Short, Thomaston, GA 30286

Active
Last Updated: 10/11/2024

8.4

Cap Rate

66,000

NOI

Details:
Cap Rate:    8.4%
NOI:    $66,000
Building Size:    32,000 sqft
Year Built:    1980
Parking Spots:    20
Highlights:
  • Lot Features: Shopping Center
  • Gross Income: 72000
  • Number Of Buildings: 1
  • Bathrooms Total: 0
  • Documents Available: Aer Photo, Lease
  • Cooling: Electric, Multi Units
  • Heating: Electric, Forced Air
  • Electric: 110 Volts, 220 Volts
  • Flooring: Concrete
  • Construction Materials: Brick 4 Sides
  • Parking Features: Parking Lot
  • Accessibility Features: None
  • Security Features: Open Access, Security Lights
Description:

That sounds like a fantastic investment opportunity! 95% Occupied Shopping Strip on a busy street An 8% cap rate is quite attractive, indicating a significant potential for return on investment. The fact that it's a shopping strip in a great location suggests a high demand for retail space, which could lead to steady income and potential long-term appreciation in value.


Report Listing This listing was syndicated through:

Listing ID: 7418829
Information Deemed Reliable But Not Guaranteed If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2025 FMLS
Map:
Location
Gallery