2978 Rainbow Drive, Decatur, GA

$750,000

Price

7.9%

Cap Rate

$55,270

NOI

Overview
Cap Rate
7.9%
NOI
$55,270
Building Size
5,100 sqft
Year Built
1979
Parking Spots
15
Description

Excellent investment opportunity highly visible fully occupied shopping center. Leased, long term tenants with long term leases. This commercial property is located in a busy commercial area. Close proximity to I-285 and I-20 Interstate. Property Facts - Building 5,100 square feet. Lot size .80, plenty of parking. This investment commercial property has two retail stores and Tire /Service repair shop. All two business are long term tenants with long term leases.

Highlights
  • Lot Features: Level, Shopping Center, Street Lights
  • Gross Income: 65400
  • Number Of Buildings: 1
  • Bathrooms Total: 0
  • Documents Available: Lease, Prof/Loss
  • Cooling: Central Air, Separate Meters
  • Heating: Other
  • Electric: Other
  • Flooring: Ceramic Tile
  • Construction Materials: Block, Brick 4 Sides
  • Parking Features: Parking Lot
  • Accessibility Features: None
  • Security Features: Fire Alarm, Fire Sprinkler System
  • Buyer Agency Compensation: 3.0

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Listing ID: 7090926
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