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164 Temple Ave 6,000 SF Retail Building Newnan, GA 30263 $1,630,000 ($271.67/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Located within the Atlanta MSA, the 7th largest MSA in the U.S.
- Recent early lease extension demonstrating commitment to this location
- Long-term successful operating history at this location (2010)
- Positioned at the hard corner of a signalized intersection
- Out-positions nearby competitors AutoZone & O’Reilly Auto Parts
- Highly ranked on placer.ai positioned in the top 2/3 of all Advance Auto Parts in Georgia and the U.S.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
B
Year Built
2010
Price
$1,630,000
Price Per SF
$271.67
Cap Rate
6.50%
NOI
$105,960
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.39 AC
Zoning
1
Parking
17 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
222’ on Temple Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | N41-0004-008 | Improvements Assessment | $357,330 |
| Land Assessment | $58,411 | Total Assessment | $415,742 |
PROPERTY TAXES
Parcel Number
N41-0004-008
Land Assessment
$58,411
Improvements Assessment
$357,330
Total Assessment
$415,742
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