Bldg B | 250 Business Center Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Bldg B 250 Business Center Dr
26,316 SF Retail Building Stockbridge, GA 30281 £4,008,032 (£152/SF) 7.25% Net Initial Yield
Investment Highlights
- Sales Leaseback
Executive Summary
HSI Commercial is pleased to offer a substantial NNN investment and sale leaseback opportunity in a dense commercial area of McDonough, just off of I-75. The investment includes a 20 year lease opportunity with the current occupying owner with eight percent increases every five years. The 7.25% cap rate is yielded by a stable tenant that is expanding their business to four other locations this year. The property boasts +/-26,616 square feet of retail space that began a major renovation in 2023. The first, completed phase of the renovation included a new roof, HVAC system and significant interior upgrades. The space is built out as a modern fitness center with 24 foot ceilings and dedicated office space, plus amenities including childcare area, locker rooms, a swimming pool, lobby and more. Phase two renovations are currently underway and include a parking lot expansion for this thriving tenant.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale & Leaseback
Property Type
Retail
Property Subtype
Building Size
26,316 SF
Building Class
B
Year Built
2000
Price
£4,008,032
Price Per SF
£152
Net Initial Yield
7.25%
NOI
£290,582
Tenancy
Single
Number of Floors
1
Building FAR
0.25
Land Acres
2.39 AC
Zoning
M1
Parking
135 Spaces (3 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0069-01-008-046 | Improvements Assessment | £861,509 |
Land Assessment | £114,645 | Total Assessment | £976,153 |
PROPERTY TAXES
Parcel Number
0069-01-008-046
Land Assessment
£114,645
Improvements Assessment
£861,509
Total Assessment
£976,153
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Bldg B | 250 Business Center Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.