1031 Exchange Property with NNN
For Sale
$695,000
2764 Highway 411 SE, Fairmount, GA 30139
Fully renovated commercial building occupied by a funeral home and bank under separate triple-net lease agreements.
Property Size3,004 SF
Price / SF$231.36
Days on Market27
Property Features for 2764 Highway 411 SE
General Information
Standard status
Active
Size
3,004 SF
Occupancy
100%
Net Operating Income
$51,030
Building Details
Year Built
1988
Year Renovated
2024
Tenancy
Multi
Listing Agency:
Performance Real Estate Services
(404) 391-5445
Listed By:
David Shouse · License #447138
Source:
Annakintown
Added: Aug 4
Changed: Aug 28
Last Checked: Aug 29 at 11:58AM
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 Performance Real Estate Services
Investment Insights
Based on property information with market context.
Located at 2764 Highway 411 SE in Fairmount, Georgia, this 3,004-square-foot commercial property was constructed in 1988 and substantially remodeled in 2024. The building is occupied by a funeral home and Synovus Bank, creating a two-tenant configuration.
Each occupant has a 5-year lease term with renewal options and 5% annual rent escalations. The leases are structured on a triple-net basis. The funeral home lease is newly executed, while the bank has a fresh 5-year term. The property is categorized as an 1031 exchange property and is offered with both tenant agreements in place.
Each occupant has a 5-year lease term with renewal options and 5% annual rent escalations. The leases are structured on a triple-net basis. The funeral home lease is newly executed, while the bank has a fresh 5-year term. The property is categorized as an 1031 exchange property and is offered with both tenant agreements in place.
Key Highlights
- 3,004‑square‑foot commercial property on Highway 411 SE
- Fully remodeled in 2024; originally built in 1988
- Two occupants: a funeral home and Synovus Bank
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Explore this area
Business Placement
Demographics for 30139, GA
4,423
Population
1,786
Households
2.5
Avg Household Size
45
Median Age
12%
College-Educated
85%
High-School Grad
72.5 sq mi
ZIP Area
61
Density / Sq Mi
$62,188
Median Household Income
$38,385
Median Earnings
$1,007
Median Rent
$135,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
1031 exchange property - Fully renovated commercial building occupied by a funeral home and bank under separate triple-net lease agreements.
Where is this 1031 exchange property located?
The property is located at 2764 Highway 411 SE Fairmount, GA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 3,004‑square‑foot commercial property on Highway 411 SE; Fully remodeled in 2024; originally built in 1988; Two occupants: a funeral home and Synovus Bank
