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Published on: Thursday, October 17, 2024
Updated on: Thursday, October 17, 2024
About the Lister
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Name: Isaac Jordan
Company: Atlanta Communities
Office Phone: 4706461737
Cell Phone: 4043972877
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  High-Yield Retail & Office Complex with Owner Financing O...

1010 N Tennessee Street Cartersville Georgia , 30120
1010 N Tennessee Street Cartersville Georgia , 30120  Atlanta Communities
Listing ID: CL-Georgia-12472 Office Building/Office

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Georgia-12472
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2006
Building Size: N/A SqFt
Lot Size: 3.00 Acre
No of Stories: 2
No of Parking: 111
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Don't miss out on this amazing investment opportunity. This property sits on over 3 acres and boosts 13 retail units on the main level and 10 office space units on the 2nd levels.
Complete Details
Year Build: 2006
Building Size: N/A SqFt.
No of Stories: 2
Total Lot Area: 3 Acre
No of Parking: 111
No of Total Units: 23
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Don't miss out on this amazing investment opportunity. This property sits on over 3 acres and boosts 13 retail units on the main level and 10 office space units on the 2nd levels. Nineteen of the units are occupied by tenants and generate $25k per month in gross rents. The owner occupies the other four units. The rent rates are low due to parking issues that have now been resolved. The gross rental income could easily be raised 40-50% if all units were utilized as rentals. *Note: The Los Arcos building is not a part of this property* Ask about owner financing for up to 30 years.
Additional Properties
Property Highlights
  • Rent rates are currently low but could increase by 40-50% with full rental utilization after resolving parking issues
  • Available for up to 30 years
Features
  • 13 retail units on the main level 10 office space units on the second level
  • 19 units currently leased, generating $25,000 in monthly gross rent 4 units occupied by the owner
Listing Location
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