99 Bay Street
$1,450,000
99 Bay Street, Fairburn, GA 30213
6.5
Cap Rate
98,742
NOI
Details:
Highlights:
- Lot Features: Corner Lot
- Gross Income: 138800
- Number Of Buildings: 2
- Bathrooms Total: 0
- Documents Available: Other
- Cooling: Central Air
- Heating: Central
- Electric: None
- Flooring: Carpet, Concrete, Laminate, Vinyl
- Construction Materials: Aluminum Siding, Stone, Vinyl Siding
- Parking Features: Parking Lot
- Accessibility Features: None
- Security Features: None
- Buyer Agency Compensation: 2
Description:
99 Bay Street consists of two buildings totaling ± 14,164 SF on 3 parcels totaling ± 1.74 acres in Fairburn, GA. The property is currently occupied by multiple tenants including several small office tenants, auto brokers, an event facility and an automotive repair shop. The property has heavy parking with a very large, paved lot in the front along with additional parking along the sides and rear of the property. Several of the tenants within the building are on month-to-month leases creating an ideal situation for an owner/user to purchase the building and keep as many tenants as they’d like and occupy the remaining space. The property also lends itself to a value-add investment opportunity in restructuring some leases and/or re-tenanting the building to increase cash flow.
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