request_info_guest false

529 Newnan Street

$615,000

529 Newnan Street, Carrollton, GA 30117

Active
Last Updated: 02/08/2025

4,255 sqft

Building Size

1989

Year Built

Details:
Building Size:    4,255 sqft
Year Built:    1989
Parking Spots:    11
Highlights:
  • Lot Features: Business Park, Level
  • Number Of Buildings: 1
  • Bathrooms Total: 0
  • Documents Available: Aer Photo, Floor Plan, Legal Desc, Survey
  • Cooling: Central Air
  • Heating: Central, Hot Water, Natural Gas
  • Electric: 220 Volts
  • Flooring: Carpet
  • Construction Materials: Vinyl Siding
  • Parking Features: Parking Lot
  • Accessibility Features: Accessible Approach with Ramp, Accessible Entrance
  • Security Features: None
Description:

Located in the heart of downtown Carrollton, this property offers a great investment opportunity. The proximity to the downtown area
enhances both property value appreciation and tenant stability. A 3-year Triple Net Lease from March 2025 to February 2028 is in place
and offers security and a guaranteed income stream to the investor. The CAP rate is 9.76 at the asking price which is a good return on
investment. The building and office is in good condition and its value will appreciate over time adding more to the investment's
potential. For the buyer looking for Cash Flow and Appreciation, you need to take a look at this one.

Map:
Location
Gallery