286 Hancock St Madison, GA 30650
Sponsored
Net-leased bank, strong tenant, great ROI.
Property size:
7,830 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 286 Hancock St
General Information
- Property type
- Individual retail properties
- Square Feet
- 7,830 SF
- Class
- B
- Lot Size
- 33,541 SF
Building Details
- Year Built
- 1970
- Buildings
- 1
- Stories
- 1
- Units
- 1
HighLights
- $2,193,880 asking price for a Truist Bank net‑leased property in Madison, GA.
- 7,830 square foot, Class B retail building on a 0.77‑acre lot with 29 parking spaces.
- Absolute NNN lease with a credit‑rated tenant (Truist), offering a 6.25% cap rate and $137,117 annual NOI.
- Approximately 5.1 years remaining on the primary lease term, with one 3‑year and five 5‑year renewal options.
- 1.5% annual rent bumps.
Property Profile
Location Intelligence
Current Use by Public Records
Freedom Law LLC
Attorney
Morris Law, LLC
Law Firm
SunTrust Mortgage
Mortgage Lender
FedEx Drop Box
Mailing Service
SunTrust ATM
Atm
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Morgan
- State
- Georgia
- Longitude
- -83.4669288
- Latitude
- 33.595174
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - Net-leased bank, strong tenant, great ROI.
Where is this individual retail property located?
The property is located at 286 Hancock St Madison, GA.
What is the asking price?
The asking price for this property is $2,193,880.
What are key features of this property?
This property features: $2,193,880 asking price for a Truist Bank net-leased property in Madison, GA.; 7,830 square foot, Class B retail building on a 0.77-acre lot with 29 parking spaces.; Absolute NNN lease with a credit-rated tenant (Truist), offering a 6.25% cap rate and $137,117 annual NOI.
