ENHOUZBusiness Marketplace
OTHER · For Sale

2764 Highway 411 SE, Fairmount Active

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Asking price
$695,000
Price / SF
$231.36
Cap rate
Sale type
Property type
OTHER
Property subtype
OTHER
Building class
Building size
3,004 sq ft
Year built
1988
NOI
Tenancy
Building height
Building FAR
Lot size
0.78 acres
Zoning
Commercial
Frontage
Listing #
EN-3211
MLS #
10526303

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): $51,030.00 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

GAMLS
Listed by Performance Real Estate Services
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10526303

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