699 Short
$849,000
699 Short, Thomaston, GA 30286
For Sale
Retail
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.
Location
Gallery
