2764 Highway 411 SE, Fairmount, GA 30139

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List Price
$695,000
Status
ACTIVE
Days on Market
490
MLS#
10526303
Subtype
Commercial Sale
Year Built
1988
Living Area
3,004
Lot Size
33,976
Acres
0.78

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): $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.

Additional Information

Heating
Central, Electric, Heat Pump, Natural Gas
Air Conditioning
Central Air, Electric
Parking
Paved, Parking Lot, Drive Through

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Calculator source: Real Geeks

Listing courtesy of Performance Real Estate Services.

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