1100 Commerce Dr - Storefront Retail/Office FOR SALE


Peachtree City, GA 30269
$2,688,760 USD
678-920-1222
1100 Commerce Dr, Peachtree City, GA for Sale
$2,688,760 USD
Storefront Retail/Office - FOR SALE
1/13
null | 6.85% Cap Rate

1100 Commerce Dr
Peachtree City, GA 30269


HIGHLIGHTS

  • 100% Occupied
  • 7.7 Year WALT
  • 3% Annual Rent Bumps
  • Below Market Rents
  • Highly Visible Location surrounding by National Retailers
  • Stabilized Retail Asset

OVERVIEW

Southtree Commercial Real Estate is pleased to exclusively offer this exceptional investment opportunity of a 100% Occupied Multi-Tenant Retail facility, a building spanning 10,827 square feet on a prime 2.27 acre lot, located on the highly visible Hwy 74 Retail corridor, in the affluent suburb of Peachtree City, GA (Atlanta MSA). With three tenants in the building signed to Triple Net (NNN) leases at a WALT of 7.7 Years, this investment provides diversified, steady, and predictable cash flow for a qualified investor. In addition to strong tenants, annual rental escalations of 3.00% ensure that the income generated from this property will grow over time, enhancing the investment's long-term value and return. In addition, current rents are below market for highly visible retail and can therefore be raised to meet the market at the end of each lease term. Peachtree City is located in Fayette County, Georgia’s 3rd most affluent county in the state. Peachtree City itself boasts very strong demographics with a population of ~40,000 residents and a Median Income of $101,662 within a 5-mile radius of the Property. With reputable tenants in place and well-structured lease agreements, this property represents a secure and lucrative opportunity for investors seeking a reliable and low-maintenance income-generating asset.

FOR SALE DETAILS

PRICE

$2,688,760 USD

PRICE/SF

$248 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,881 SF

ZONING

C GC

APN/PARCEL ID

07-33-03-013

ASK ABOUT THIS PROPERTY

Sean RawsonSouthtree Commercial Real EstateMore Info
678-920-1222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Sean RawsonSouthtree Commercial Real EstateMore Info
678-920-1222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.