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Main Street Auto 707 Kellam Rd

4,226 SF Retail Building Dublin, GA 31021 £1,509,010 (£357/SF) 7% Net Initial Yield

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Corporate Guarantee
  • Attractive Rental Increases | The lease will feature 2.00% rental increases annually.

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Main
Street Auto located at 707 Kellam Road, Dublin, GA 31021. The
site consists of roughly 4,226 rentable square feet of building
space on an estimated 1.89-acre parcel of land. This Main Street
Auto is subject to a 20-year Triple Net (NNN) lease which will
commence upon close of escrow. The annual rent will be
$135,000 and has scheduled increases of 2.00% Annually.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,226 SF
Building Class
C
Year Built
2001
Price
£1,509,010
Price Per SF
£357
Net Initial Yield
7%
NOI
£105,631
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
1.89 AC
Opportunity Zone
Yes
Parking
20 Spaces
Frontage
175 ft on Kellam Road

Amenities

  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
D11D-022-A
Land Assessment
£21,220
Improvements Assessment
£91,331
Total Assessment
£112,551
  • Listing ID: 33287238

  • Date on Market: 24/09/2024

  • Last Updated:

  • Address: 707 Kellam Rd, Dublin, GA 31021

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