2764 Highway 411 SE Active Save Request In-Person Tour Request Virtual Tour
Fairmount,GA 30139
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,004 sqft
Price per Sqft $231
MLS Listing ID 10526303
Year Built 1988
Annual Tax Amount $4,250
Tax Year 2024
Lot Size 0.780 Acres
Property Sub-Type Commercial
Property Description
100% Leased Investment Property - Ideal for 1031 Exchange Turnkey investment opportunity with two long-term, established tenants and immediate income. This fully remodeled property (2024) offers stable, triple-net (NNN) lease with 5% annual rent escalations, making it a perfect addition to any investment portfolio. Tenant 1: Reputable, long-established funeral home Brand-new 5-year lease with multiple renewal options Triple-net lease (NNN) with 5% annual increases Tenant 2: Synovus Bank Fresh 5-year lease term with renewal options 5% annual rent escalations Total Annual Net Operating Income (NOI): $49,950.00 All the heavy lifting has been done-fully leased, recently renovated, and generating steady cash flow. A rare, hassle-free opportunity for passive investors and ideal for a 1031 exchange.
Location
State GA
County Gordon
Zoning Commercial
Interior
Heating Central,Electric,Heat Pump,Natural Gas
Cooling Central Air,Electric
Exterior
Parking Features Drive Through,Parking Lot,Paved
Utilities Available Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Phone Available,Sewer Available,Water Available
View Y/N No
Roof Type Other,Tar/Gravel
Building
Lot Description City Lot,Corner Lot,Level
Sewer Public Sewer
Water Public
Structure Type Block,Brick
New Construction No
Others
Special Listing Condition Updated/Remodeled