Automotive Investment Opportunity in Villa Rica | 5.3% Cap Rate
8400 Villa Rica Hwy
Villa Rica, GA 30180
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| PRICE : | $699,000 |
|---|---|
| CAP RATE: | 4.6% |
| PROPERTY TYPE: | Retail |
| SITE SIZE: | 2.12 Acres |
| BUILDING SIZE: | 3,600 SF |
Highlights
- • ± 1,800 SF auto repair shop and a ± 1,800 SF single family residence on ± 2.12 acres
- • 100% occupied
- • Auto repair shop is a steel structure that includes 3 bays
- • Auto repair shop is fully leased though August 2024
- • Residential tenant is leased through April 2023
- • Total monthly rent of $3,700 or $44,400 annually
- • Located in Paulding County, GA (Atlanta MSA)
- • Zoned B-2 (Highway Business)
- • Nearby retail includes Publix and Dollar General
- • Do not disturb tenants
Description
The property is located 1/8 of a mile south of a retail area that includes Publix, Dollar General, Waffle House and Dairy Queen. It is six miles north of Downtown Villa Rica and Interstate 20 and 37 miles west of Downtown Atlanta.
