702 Elm St - Storefront Retail/Office FOR SALE


Rockmart, GA 30153
$345,000 USD
202-439-3269
702 Elm St, Rockmart, GA for Sale
$345,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 7.6% Cap Rate

702 Elm St
Rockmart, GA 30153


OVERVIEW

Prime Investment Property. There is 6600 square feet plus a small storage shed. Another great feature is that there are 6 individual storage units built under the main building that you can drive up to. As of now there are four (4) tenants that have signed a three-year lease with a 3-year option. Cap Rate is 7.6%. The additional passive income from the 6 storage units leased out at $25 a unit per month, the Cap Rate will be 8.12%.

FOR SALE DETAILS

PRICE

$345,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

7.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

706 West Elm Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C3-Commercial

APN/PARCEL ID

R09-060-

ASK ABOUT THIS PROPERTY

Mark Bigelow, MBA, ICSC, ACBRBerkshire Hathaway GA Properties - AlpharettaMore Info
202-439-3269

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Mark Bigelow, MBA, ICSC, ACBRBerkshire Hathaway GA Properties - AlpharettaMore Info
202-439-3269

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