Property Listing No Longer Available for Sale

5840 Oak Street, Eastman, GA

Retail for Sale - $587,000 - 7,500 Sq. Ft. on 0.81 acres


Property Info

CIMLS#955669
Location
  5840 Oak Street
  Eastman GA 31023
UpdatedNovember 12th, 2017
TypeRetail
Price$587,000
Building7,500 Sq. Ft.
Land0.81 acres

Property Description

This Net leased Dollar General provides investors a wonderful fee simple ownership opportunity.

Beginning Ending Rent/Month

Extended Lease Term Current 1/31/2018 $3400.00

First 5 Year Option* 2/01/2018 1/31/2023 $3740.00

Second 5 Year Option 2/01/2023 1/31/2028 $4114.00

*This First 5 Year Option has been exercised and in place.

Real Estate Taxes:

Real Estate Taxes are reimbursed by Dollar General over base year amount of

1997. Base year taxes for 1997 for Dodge County is $62.50

Property Insurance is Reimbursed by Dollar General over Base Year Amount of

1997

Common Area Maintenance, Roof and Building Structure by Owner. Common

Area Maintenance average us $90.00 per month.

Fixtures and Equipment costing Less than $1000.00 is at the expense of Dollar

General. All HVAC Units were Replaced in 2016.

Location Description:

This net leased Dollar General is located at 5840 Oak Street in Eastman, Georgia.

Highlights:

>> Net leased Asset

>> All New HVAC in 2016

>> Great Location

* Email for additional photos


Financials


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