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    125 Elbert St Elberton, GA 30635

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    NNN leased retail property with long-term tenant and annual rent increases.

    Type:Retail
    Property size:
    2,876 SF
    Price / SF:
    $237/SF
    Added:
    Jul 24, 2023
    Days on Market:
    1012
    Last Refresh:
    Mar 17 at 1:23 pm

    Property Features for 125 Elbert St

    General Information

    Standard status
    Active
    Size
    2,876 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1977

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    Listing Contact
    Peter Block
    Peter Block

    Listing agent Peter Block License #471002226

    Listing office Colliers - Rosemont, Illinois

    Listing date Jul 24, 2023

    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 Colliers - Rosemont, Illinois


    Overview

    Elberton Retail Investment Opportunity

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TMX Finance Loan Service Clifford's Restaurant Restaurant TitleMax Title Pawns Loan Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elberton
    County
    Elbert
    State
    Georgia
    Longitude
    -82.866089
    Latitude
    34.110901

    FAQs

    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.
    (847) 384-2840 Call to check price and availability
    More about this property
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