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Automotive Investment Opportunity in Villa Rica | 4.6% Cap Rate

8400 Villa Rica Hwy
Villa Rica, GA 30180
PRICE : $799,000
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.

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