For more information regarding the value of a property, please contact us for a free consultation.
4511 Alabama HWY SW Rome, GA 30165
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $389,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $51
MLS Listing ID 6525010
Sold Date 10/01/19
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 1998
Annual Tax Amount $2,990
Tax Year 2018
Lot Size 0.700 Acres
Acres 0.7
Property Description
This is a Dollar General net lease investment property. The current gross income is $31,800/year. The lease has 5 years 10 months remaining (expires Jan 31, 2025). Tenant has an option to renew for an additional 5 years at $36k/year. The lease is NN (landlord is responsible for structural and exterior). Dollar General is a credit-grade tenant. Net lease investments with such a high quality tenant in this price range are rare and in high demand.
Location
State GA
County Floyd
Area 351 - Floyd-West Rome
Zoning C
Lake Name None
Rooms
Other Rooms None
Basement None
Interior
Interior Features Other
Heating Forced Air
Cooling Central Air
Flooring Concrete
Window Features None
Exterior
Fence None
Utilities Available Electricity Available
Waterfront Description None
View Rural, Other
Roof Type Flat
Street Surface Concrete
Accessibility None
Handicap Access None
Total Parking Spaces 15
Building
Lot Description Corner Lot
Story One
Level or Stories One
Structure Type Brick Front, Metal Siding
New Construction No
Construction Status Resale
Others
Senior Community no
Tax ID F13Y 233
Acceptable Financing Assumable, Cash
Listing Terms Assumable, Cash
Special Listing Condition None
Read Less
Bought with Non FMLS Member
GET MORE INFORMATION