201 Isabella St Sylvester, GA 31791
Call to check price and availability
Sylvester, GA: Bank building, strong lease.
Property size:
9,669 SFProperty Features for 201 Isabella St
General Information
- Property type
- Retail space
- Square Feet
- 9,669 SF
- Class
- B
- Lot Size
- 34,848 SF
Building Details
- Year Built/Renovated
- 1962/1997
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agent: Jason Chaliff
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity features a 9,669 square foot Truist Bank building located at 201 N Isabella St, Sylvester, GA 31791. The property boasts a strong, absolute NNN lease with a national credit tenant, Truist, offering significant financial stability. The lease commenced December 10, 2007, and currently has approximately 5.1 years remaining, with one 3-year option and five 5-year options. The annual rent bumps are 1.5%, ensuring consistent income growth. The property, built in 1962 and renovated in 1997, sits on a 0.8-acre lot and includes 31 parking spaces. The building is classified as Class B and is zoned for Neighborhood Business District (C-1). The asking price is $1,386,426, representing a price per square foot of $143.39 and a 6.27% cap rate based on a current NOI of $86,986. This single-tenant, single-story building offers a secure, passive income stream with a long-term lease and a proven track record. The property's central location in downtown Sylvester, surrounded by other businesses, further enhances its value and potential for future appreciation. This is an ideal 1031 exchange opportunity.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
FedEx Drop Box
Postal Service
Truist
Bank
Location Insight
- Map
- Local Demand
- City
- Sylvester
- County
- Worth
- State
- Georgia
- Longitude
- -83.8379802
- Latitude
- 31.5279475
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Sylvester, GA: Bank building, strong lease.
Where is this retail space located?
The property is located at 201 Isabella St Sylvester, GA.
What is the asking price?
The asking price for this property is $1,386,426.
What are key features of this property?
This property features: 9,669 SF Truist Bank building on 0.8-acre lot in Sylvester, GA.; Absolute NNN lease with national credit tenant, Truist.; Approximately 6 years remaining on lease, plus option periods.
