6135 Petty Street SW, Covington, GA 30014
Retail space suitable for various community-focused uses.
- Added:
- Feb 28, 2025
- Days on Market:
- 486
- Last Refresh:
- Mar 20 at 8:26 pm
Property Features for 6135 Petty Street SW
General Information
- Standard status
- Active
- Size
- 3,120 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1988
Listing office Platinum Access (678) 549-7105
Listing date Feb 28, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Platinum Access
HighLights
- Prime location just one mile from Covington Square.
- Preliminary permit in place for an Adult Daycare.
- Top level features six spacious, ready‑to‑use rooms.
- Basement level pre‑framed for a kitchen and six additional rooms.
- Suited for a Personal Care Home or other community‑focused uses.
- Built in 1988.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.5k | $21.96 |
| − Vacancy | −$5.8k | −$1.87 |
| EGI | $62.7k | $20.09 |
| − OpEx | −$18.8k | −$6.03 |
| NOI | $43.9k | $14.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Covington
- County
- Newton
- State
- Georgia
- Longitude
- -83.8549256
- Latitude
- 33.5829476
