Current Use by Public Records
- AAA Parts Today / Big Box & Wholesale Store / Electronics & Wireless Store
- AP LIQUIDATIONS LLC / Liquidator
- DRY PROS of Douglasville / Hardware & Home Improvement / Construction Company
Property Details for 8337 Dallas Hwy
- Year built
- 2003
- Lot size
- 0.51 lot acres
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This Douglasville, GA flex industrial property offers a compelling investment opportunity. Located at 8337 Dallas Hwy, this single-story, 6,700 square foot building sits on a 0.51-acre lot and boasts three fully occupied units, each with a price of $375,000. Built in 2003 and renovated in 2022, the property features an 18-foot ceiling height and benefits from a 7.86% cap rate and a strong NOI of $88,468. The property is zoned LI and features a triple-net (NNN) lease structure with all tenants current and in good standing, ensuring a stable income stream. Recent improvements include exterior repainting, roof inspection and repairs, a new HVAC unit in one suite, and conversion to NNN leases. Its proximity to Douglasville City Center (less than 0.25 miles) adds to its appeal. This stabilized investment presents a solid opportunity for long-term growth and passive income. The asking price is $1,125,000, translating to $167.91 per square foot.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Douglasville
- County
- Douglas
- State
- Georgia
- Longitude
- -84.7485
- Latitude
- 33.7527
