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LAUND · For Sale

2009 Shorter AVE SW, Rome Active

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Asking price
$1,200,000
Price / SF
$615.38
Cap rate
Sale type
Property type
LAUND
Property subtype
LAUND,OTHER
Building class
Building size
1,950 sq ft
Year built
1976
NOI
Tenancy
Building height
Building FAR
Lot size
0.53 acres
Zoning
Commercial
Frontage
160 ft
Listing #
EN-4289
MLS #
10807182

Rare opportunity to acquire a long-term, passive investment along the heavily traveled Shorter Avenue commercial corridor in Rome, Georgia. This property serves as the headquarters of an established company that has been in business for more than 30 years, and the tenant is renewing its commitment to the location with a brand-new 15-year absolute NNN lease at $6,000 per month. The lease will be backed by a corporate guarantee and provides investors with minimal landlord responsibilities. With a 6% initial cap rate, this is an excellent opportunity to acquire a corporate-backed, long-term net-leased asset with an established tenant already operating from the property. High-visibility frontage and strong daily traffic further strengthen the long-term investment appeal.

Location

GAMLS
Listed by Keller Williams Northwest
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10807182

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