Fully Leased NNN
For Sale
Contact for pricing
790 Glynn Street North, Fayetteville, GA 30214
Commercial asset with C3 zoning and a fully leased NNN structure.
Property Size5,700 SF
Price / SF$385.96
Days on Market125
Property Features for 790 Glynn Street North
General Information
Standard status
Active
Size
5,700 SF
Property subtype
Retail
Zoning
C3
Occupancy
100%
Investment Type
Net Lease
Net Operating Income
$133,116
Building Details
Year Built
2000
Units
4
Tenancy
Multi
Listing Agency:
MEGA REALTY
Listed By:
Tony Chiu · License #01758310
Source:
Crexi
Added: Apr 28
Changed: Aug 30
Last Checked: Aug 30 at 2:19PM
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 MEGA REALTY
Investment Insights
Based on property information with market context.
This NNN property contains 5,700 square feet and was built in 2000. The asset is 100% leased under an NNN structure and carries C3 zoning.
Located at 790 Glynn Street North in Fayetteville, Georgia, the property offers a defined commercial address within the local market.
Located at 790 Glynn Street North in Fayetteville, Georgia, the property offers a defined commercial address within the local market.
Key Highlights
- 100% leased under an NNN structure
- 5,700 square feet of property area
- C3 zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$80,173
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,603,460
$1.6M
Cap Rate 7%
$1,145,329
$1.1M
Cap Rate 9%
$890,811
$890.8K
Market Conditions
NOI Build-Up for 5,700 SF
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.
Gross rent
$125.2K $21.96/SF
− Vacancy
−$10.6K −$1.87/SF
EGI
$114.5K $20.09/SF
− OpEx
−$34.4K −$6.03/SF
NOI
$80.2K $14.07/SF
Area
Fayette County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,603,460
Cap Rate 7%
$1,145,329
Cap Rate 9%
$890,811
Alternative Uses
Best Use
Retail
$1.15M
$1.00M – $1.34M
NOI $80,173 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,536 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
326k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 34%
Dining 33%
Shops & Services 31%
Beauty & Spa 1%
Kroger
Groceries
53,510 visits/mo
0.1 miles
Publix
Groceries
44,091 visits/mo
0.3 miles
RaceTrac
Shops & Services
32,934 visits/mo
0.4 miles
McDonald's
Dining
20,415 visits/mo
0.3 miles
Kroger Fuel Center
Shops & Services
20,245 visits/mo
0.2 miles
Demographics for 30214, GA
32,135
Population
12,680
Households
2.5
Avg Household Size
45
Median Age
37%
College-Educated
92%
High-School Grad
52.7 sq mi
ZIP Area
610
Density / Sq Mi
$87,138
Median Household Income
$48,400
Median Earnings
$1,599
Median Rent
$338,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Commercial asset with C3 zoning and a fully leased NNN structure.
Where is this nnn property located?
The property is located at 790 Glynn Street North Fayetteville, GA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 100% leased under an NNN structure; 5,700 square feet of property area; C3 zoning designation
