783 Lakeview Dr Rossville, GA 30741

This exceptional investment opportunity presents a 2,754 square foot, single-tenant auto repair facility situated on a 0.36-acre lot at 783 Lakeview Dr, Rossville, GA 30741. The property, built in 1950 and renovated in 2015, boasts a Class C rating and is currently operating under a Net Lease (NNN) agreement. The existing lease, with a single tenant, commenced December 1st, 2023, and expires December 31st, 2025, leaving 1.1 years remaining. The current annual Net Operating Income (NOI) stands at $31,200, yielding an attractive 8.32% capitalization rate. The asking price is $375,000, translating to $136.17 per square foot. The property is zoned (C1) Neighborhood Commercial District in Catoosa County, GA, and benefits from a prime location offering convenient access to East Ridge and Ringgold. The tenant is responsible for all property taxes, insurance, and maintenance, minimizing the owner's operational responsibilities. This is a turnkey investment opportunity with a strong tenant history and a high return potential. The property features one building, one story, and is 100% occupied. There are no rent bumps or lease options included in the current agreement. The property is owned by an LLC.