Property summary
This exceptional investment opportunity presents a single-tenant, 12,096 square foot retail property located at 1294 Southern Highlands, Blairsville, Georgia 30512. The property, built in 2010, sits on a 5.3-acre lot and includes 57 parking spaces. Currently 100% occupied by the U.S. Department of Veterans Affairs under a lease commencing August 16, 2023, and expiring August 15, 2033, this asset offers a compelling 8.00% cap rate and a substantial net operating income (NOI) of $273,309.14. The asking price is $3,416,364. The lease includes a guaranteed annual rent increase of 2%. This build-to-suit facility was custom-designed to meet the specific needs of the Veterans Affairs, providing a secure and stable investment backed by the full faith and credit of the United States of America. The single-story building offers a strong tenant profile with a long-term lease, minimizing vacancy risk and providing predictable cash flow. This property represents a rare opportunity to acquire a high-quality, income-producing asset with significant upside potential.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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