2978 Rainbow Drive
$750,000
2978 Rainbow Drive, Decatur, GA 30034
For Sale
Retail
Active
Last Updated: 10/07/2023
7.9
Cap Rate
55,270
NOI
Details:
Cap Rate: 7.9%
NOI: $55,270
Building Size: 5,100 sqft
Year Built: 1979
Parking Spots: 15
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
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.
Location
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