Elberton Retail Investment
For Sale
Contact for pricing
125 Elbert St, Elberton, GA 30635
NNN leased retail property with long-term tenant and annual rent increases.
Property Size2,876 SF
Price / SF$237.60
Days on Market1149
Property Features for 125 Elbert St
General Information
Standard status
Active
Size
2,876 SF
Property subtype
Retail
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$46,125
Building Details
Year Built
1977
Tenancy
Single
Listing Agency:
Colliers - Rosemont, Illinois
Listed By:
Peter Block · License #471002226
(847) 384-2840
Source:
Crexi
Added: Jul 24, 2023
Changed: Aug 13
Last Checked: Sep 13 at 8:22AM
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 Colliers - Rosemont, Illinois
Investment Insights
Based on property information with market context.
Located in Elberton, Georgia, 125 Elbert Street is a 2,876 square foot retail property situated on the main retail thoroughfare at the corner of Elbert Street and College Avenue, surrounded by national tenants. The property is offered for sale as an investment opportunity with an absolute NNN lease in place. The lease has approximately 14.2 years remaining, expiring on August 15, 2037, and features annual rent increases of 2% with a corporate guarantee. The property generates a net operating income (NOI) of $46,125. The surrounding area within a 5-mile radius has a population of over 10,549 people and an average household income of $66,050.
Key Highlights
- Absolute NNN lease with 14.2 years remaining (expires 8/15/2037).
- Located on the main retail drag at the corner of Elbert Street and College Ave, surrounded by national tenants.
- CAP rate of 6.75% with an offering price of $683,333.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
69k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Shops & Services 26%
Hotels & Casinos 2%
McDonald's
Dining
22,497 visits/mo
0.3 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
12,218 visits/mo
0.2 miles
KFC
Dining
5,505 visits/mo
0.3 miles
La Fogata
Dining
4,408 visits/mo
0.2 miles
Shell
Shops & Services
3,656 visits/mo
0.1 miles
Demographics for 30635, GA
15,365
Population
7,422
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
86%
High-School Grad
280.6 sq mi
ZIP Area
55
Density / Sq Mi
$45,368
Median Household Income
$38,339
Median Earnings
$866
Median Rent
$117,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - NNN leased retail property with long-term tenant and annual rent increases.
Where is this nnn property located?
The property is located at 125 Elbert St Elberton, GA.
What is the asking price?
The asking price for this property is $683,333.
What are key features of this property?
This property features: Absolute NNN lease with 14.2 years remaining (expires 8/15/2037).; Located on the main retail drag at the corner of Elbert Street and College Ave, surrounded by national tenants.; CAP rate of 6.75% with an offering price of $683,333.
