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Multi-Tenant Investment Opportunity | Fayetteville, GA

190-196 Weatherly Drive
Fayetteville, GA 30214
PRICE : $3,500,000
CAP RATE: 5.2%
PROPERTY TYPE: Special Purpose
SITE SIZE: 4.54 Acres
BUILDING SIZE: 17,200 SF

Highlights

  • Multi-tenant investment opportunity consisting of four buildings
  • Buildings include a daycare, two office buildings and a multi-purpose facility
  • Set on two adjoining parcels totaling ± 3.91 acres and zoned C-3

Description

This former Montessori School Complex consists of four buildings set on two parcels total approximately ± 3.91 acres. The buildings are 88% leased to a variety of daycare and office tenants all of which are on three-year, modified gross leases with tenants paying CAM (including water and sewer).

The buildings consist of a ± 7,000 SF main building leased to a daycare, two ± 2,000 SF buildings and a ± 6,200 SF multi-purpose facility with high ceilings and roll-up doors. All buildings were constructed between 1996 and 2000 and contain a kitchen and restrooms. The property is ideal for an investor or large daycare operator looking for a future location opportunity. The property is offered for sale at $3,500,000 and a 5.2% cap rate.

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