827 Highway 138 SW - Medical FOR SALE


Riverdale, GA 30296
$1,275,000 USD
678-429-6098
827 Highway 138 SW, Riverdale, GA for Sale
$1,275,000 USD
Medical - FOR SALE
1/38
null | 8% Cap Rate

827 Highway 138 SW
Riverdale, GA 30296


HIGHLIGHTS

  • Single Tenant NNN Sale Leaseback
  • 8% Cap Rate

OVERVIEW

Tenant is a luxury salon suite operator, providing high-end, fully equipped spaces for beauty professionals, including barbers, hairdressers, estheticians, and other independent service providers. As the sole tenant in this sale-leaseback transaction, they will continue to occupy and operate the property under a long-term lease, ensuring stable cash flow for the future owner. The company’s business model is centered around leasing individual suites to beauty professionals, allowing them to run their own businesses without the overhead costs of a traditional salon. This structure creates a diversified revenue stream for the tenant while offering a low-risk, turnkey solution for independent stylists. With a strong tenant in place and a proven business model, this sale-leaseback presents an attractive investment opportunity backed by a stable and resilient industry.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

GB, County

APN/PARCEL ID

13-0183C-00A-006

ASK ABOUT THIS PROPERTY

Connor CohenCone Commercial Real EstateMore Info
678-429-6098

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Connor CohenCone Commercial Real EstateMore Info
678-429-6098

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