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125 Elbert St

2,876 SF Retail Building Elberton, GA 30635 £541,425 (£188/SF) 6.75% Net Initial Yield

Investment Highlights

  • Absolute NNN Lease
  • Annual 2% bumps
  • High yield property
  • Corporate Guarantee

Executive Summary

Colliers is pleased to present For Sale the property located at 125 Elbert St, An exceptional opportunity for investors seeking a property in the heart of Elberton, GA. This charming property offers a combination of historical appeal and modern amenities, making it suitable for various purposes. The property is being offered at $683,333 with a Cap rate of 6.75%

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,876 SF
Building Class
C
Year Built
1977
Price
£541,425
Price Per SF
£188
Net Initial Yield
6.75%
NOI
£36,546
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
0.64 AC
Opportunity Zone
Yes
Zoning
RESIDENTIA
Frontage
137 ft on Elbert Street

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
E18-059
Land Assessment
£58,151
Improvements Assessment
£64,719
Total Assessment
£122,870
  • Listing ID: 26517175

  • Date on Market: 30/08/2022

  • Last Updated:

  • Address: 125 Elbert St, Elberton, GA 30635

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