12777 Veterans Memorial Hwy
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12777 Veterans Memorial Hwy
1,341 SF 100% Leased Office Building Douglasville, GA 30134 £393,850 (£294/SF) 6.18% Net Initial Yield
Executive Summary
Investment or Owner User. Tenant in place with option for longer term extension or convert to owner user. Current lease expires August 31, 2026.
Stand alone office building recently updated interior and newer HVAC. Includes newly installed handicap ramps and generous space in rear of building. Permitted uses include convenience store with gas, daycare, retail and along with other general commercial uses. Recently updated with new electric system, plumbing system, HVAC system and ductwork, drywall, flooring, paint, lighting, and newly paved and marked parking lot with marked 12 spaces. GC zoning allows for multiple uses. Ample parking in front and rear of building. ADA compliant.
Stand alone office building recently updated interior and newer HVAC. Includes newly installed handicap ramps and generous space in rear of building. Permitted uses include convenience store with gas, daycare, retail and along with other general commercial uses. Recently updated with new electric system, plumbing system, HVAC system and ductwork, drywall, flooring, paint, lighting, and newly paved and marked parking lot with marked 12 spaces. GC zoning allows for multiple uses. Ample parking in front and rear of building. ADA compliant.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
1,341 SF
Building Class
C
Year Built/Renovated
1930/2022
Price
£393,850
Price Per SF
£294
Net Initial Yield
6.18%
NOI
£24,340
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
1,341 SF
Building FAR
0.06
Lot Size
0.51 AC
Zoning
GC - General commercial by the city of Douglasville allows for a wide range of uses.
Parking
10 Spaces (7.46 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Central Heating
- DDA Compliant
- Air Conditioning
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12777 Veterans Memorial Hwy
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