100% Leased Investment Property - Ideal for 1031 Exchange Turnkey investment opportunity with two long-term, established tenants and immediate income. This fully remodeled property (2024) offers stable, triple-net (NNN) lease with 5% annual rent escalations, making it a perfect addition to any investment portfolio. Tenant 1: Reputable, long-established funeral home Brand-new 5-year lease with multiple renewal options Triple-net lease (NNN) with 5% annual increases Tenant 2: Synovus Bank Fresh 5-year lease term with renewal options 5% annual rent escalations Total Annual Net Operating Income (NOI): $49,950.00 All the heavy lifting has been done-fully leased, recently renovated, and generating steady cash flow. A rare, hassle-free opportunity for passive investors and ideal for a 1031 exchange.
Listed By
Agency Name: Performance Real Estate Services
Agency Phone: 404-882-0651
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
2764 Highway 411 Se | MLS# 10526303
This commercial property located at 2764 Highway 411 Se, Fairmount, GA 30139 is currently listed for sale with an asking price of $695,000. Search Fairmount real estate on www.crye-leike.com today.