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529 Newnan Street, Carrollton, GA 30117
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$615,000
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Home Details for 529 Newnan Street
Price
$615,000
Type
Commercial/Industrial
Year Build
1989
Lot Size
0.26
County
Carroll
Basement
None
Tax
$6,678
MLS®️ Listing#
7520562
On exitrealty.com
270 days
Property Description
Located in the heart of downtown Carrollton, this property offers a great investment opportunity. The proximity to the downtown area
enhances both property value appreciation and tenant stability. A 3-year Triple Net Lease from March 2025 to February 2028 is in place
and offers security and a guaranteed income stream to the investor. The CAP rate is 9.76 at the asking price which is a good return on
investment. The building and office is in good condition and its value will appreciate over time adding more to the investment's
potential. For the buyer looking for Cash Flow and Appreciation, you need to take a look at this one.
- Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- Phone Available
- Sewer Available
- Underground Utilities
- Water Available
- Heating Information
- Central
- Hot Water
- Natural Gas
- Cooling Information
- Central Air
- Water Features
- Public
- House Interior
- Other
- Parking
- Parking Lot
- Basement
- None
Listing Courtesy: Century 21 Novus Realty - 678-664-1400
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$615,000
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