104 Parsonage St McRae-Helena, GA 31055
Net-leased warehouse, high cap rate.
Property size:
55,500 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 364
Property Features for 104 Parsonage St
General Information
- Property type
- Distribution properties
- Square Feet
- 55,500 SF
- Class
- C
- Lot Size
- 163,219 SF
Building Details
- Year Built/Renovated
- 1975/2022
- Buildings
- 1
- Stories
- 1
- Units
- 1
HighLights
- 55,500 SF warehouse with 3,000 SF loading dock, 4 dock‑high doors, and 2 acres of truck parking.
- 438 SF of office space.
- Fully fenced with chain link and razor wire, fully sprinklered with 3‑phase power.
- Seller‑completed building upgrades including environmental Phase I & II remediation (Dec 2022), office/bathroom renovations, LED lighting, insulation repair, plumbing replacement, exterior painting, gutter repair, skylight replacement, and roof resealing.
- $890,000 asking price, 12.96% cap rate, $115,384 NOI, 100% occupancy with a credit‑rated tenant under a 2‑year net lease commencing 11/1/2024.
Current Use by Public Records
Distribution centers
Location Insight
- Map
- Local Demand
- City
- McRae-Helena
- County
- Telfair
- State
- Georgia
- Longitude
- -82.89135211
- Latitude
- 32.06373864
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Distribution property - Net-leased warehouse, high cap rate.
Where is this distribution property located?
The property is located at 104 Parsonage St McRae-Helena, GA.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: 55,500 SF warehouse with 3,000 SF loading dock, 4 dock-high doors, and 2 acres of truck parking.; 438 SF of office space.; Fully fenced with chain link and razor wire, fully sprinklered with 3-phase power.
