Property summary
This exceptional retail investment opportunity presents a 13,100-square-foot convenience store/grocery store/storefront located at 691 N Talbotton St, Greenville, GA 30222. The property, built in 1979 and situated on a 2.97-acre lot, boasts a 7.51% cap rate and a strong net operating income (NOI) of $29,972. Currently operating at 100% occupancy under a triple-net (NNN) lease with a corporate guarantee, the lease expires December 30, 2025, leaving approximately 1.1 years remaining. The tenant is a subsidiary of a large, established operator with over 420 units across 15 southeastern states. The property benefits from a high-traffic location on North Talbotton Street, averaging over 5,600 vehicles daily. A strong demographic profile supports the business, with over 2,600 residents within a 5-mile radius and an average household income exceeding $69,000. Its proximity to Greenville High School and West Georgia Technical College further enhances its appeal. The asking price is $399,000, representing a compelling investment opportunity in a stable and well-performing retail asset. The property is offered fee simple.
Property profile
VerifiedCap rate & NOI
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
1 · Greenville, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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