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Leased **Investment** Opportunity 783 Lakeview Dr

2,754 SF Industrial Building Rossville, GA 30741 £293,419 (£107/SF) 8.30% Net Initial Yield

Investment Highlights

  • Fully leased.
  • Absolute NNN Lease.

Executive Summary

***INVESTMENT OPPORTUNITY***
NNN Leased Auto Repair Facility
Located in Rossville, GA - minutes to East Ridge and Ringgold.
Strong tenant history.
Lease is NNN - tenant pays taxes, insurance, and property maintenance.
Excellent opportunity to invest in an income producing property.
Currently offered at 8.3% CAP.

Property Facts

Price £293,419 Lot Size 0.36 AC
Price Per SF £107 Rentable Building Area 2,754 SF
Sale Type Investment NNN Number of Floors 1
Net Initial Yield 8.30% Year Built/Renovated 1950/2015
Property Type Industrial Tenancy Single
Property Subtype
Service
  • General Retail Auto Repair
 Parking Ratio 1.82/1,000 SF
Building Class C Level Access Doors 4
Price £293,419
Price Per SF £107
Sale Type Investment NNN
Net Initial Yield 8.30%
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
Building Class C
Lot Size 0.36 AC
Rentable Building Area 2,754 SF
Number of Floors 1
Year Built/Renovated 1950/2015
Tenancy Single
Parking Ratio 1.82/1,000 SF
Level Access Doors 4

Amenities

  • Fenced Lot
  • Signage
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
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783 Lakeview Dr, Rossville, GA - aerial map view - Image1
783 Lakeview Dr, Rossville, GA - aerial map view - Image2

PROPERTY TAXES

Parcel Number 0001A-133 Improvements Assessment £10,158
Land Assessment £11,392 Total Assessment £21,550

PROPERTY TAXES

Parcel Number
0001A-133
Land Assessment
£11,392
Improvements Assessment
£10,158
Total Assessment
£21,550

zoning

Zoning Code C-1 (Neighborhood Commercial District in Catoosa County, GA.)
C-1 (Neighborhood Commercial District in Catoosa County, GA.)
(423) 400-1984

Contact

  • Listing ID: 31999059

  • Date on Market: 03/06/2024

  • Last Updated:

  • Address: 783 Lakeview Dr, Rossville, GA 30741

The Industrial Property at 783 Lakeview Dr, Rossville, GA 30741 is currently available for sale. Contact KW Commercial for more information.

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783 Lakeview Dr, Rossville, GA for sale Primary Photo- Image 1 of 4
783 Lakeview Dr
783 Lakeview Dr, Rossville, GA for sale Aerial- Image 2 of 4
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© 2024 CoStar Group

Leased **Investment** Opportunity | 783 Lakeview Dr
(423) 400-1984 x

Leased **Investment** Opportunity | 783 Lakeview Dr

Jeff Dodson

(423) 400-1984

(423) 400-1984

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