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Harmony Crossing | 3-Tenant Retail Center | Eatonton, GA | 8% Cap Rate

113 Harmony Crossing, Building 400A
Eatonton, GA 31024
PRICE : $890,000
CAP RATE: 8%
PROPERTY TYPE: Retail
SITE SIZE: 0.10 Acres
BUILDING SIZE: 4,538 SF
YEAR BUILT: 2010

Highlights

  • 100% occupied retail center
  • 3-Tenant building with NNN leases
  • High-quality 2010 construction with extensive renovations in 2018 including new roof and HVAC
  • Located in affluent area around Lake Oconee and near the luxury development at Reynolds Lake Oconee: https://www.reynoldslakeoconee.com/
  • Situated at signalized corner of Greensboro Road (12,337 VPD) & Harmony Road (3,183 VPD)
  • Within a 5-mile radius the growth rate increased over 35% since 2010 and boasts an $127k+ average household income

Description

Bull Realty is pleased to offer Building IV of Harmony Crossing for sale at $890,000 ($196.76 SF), which delivers the property to market at at 8.0% cap rate based on actual income. This 3-tenant building is part of a charming community center improved with 10 individually owned buildings that total more than 65,000 SF. Building IV of Harmony Crossing consist of a 4,538 SF which is 100% occupied by an attractive mix of tenants including LaLore Bakery & Coffee Shop, Swahn Art & Framing and Pella Windows & Doors. All Tenants pay their own utilities and operating expenses per NNN leases.

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