1438 Highway 16, Griffin, GA

Shopping Center for Sale - $500,000 - 3,300 Sq. Ft.

Bull Realty, Inc.

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Agent Info

NameMichael Bull, CCIM
CompanyBull Realty, Inc.

Property Info

CIMLS #973248
Location1438 Highway 16
Griffin GA 30223
Last UpdatedFebruary 1st, 2018
TypeShopping Center
Price$500,000
Building3,300 Sq. Ft.

Contact


Property Description

Bull Realty is please to present the opportunity to acquire this 3,300 SF retail center located on a Lowe's outparcel in a popular retail corridor.

Location Description:

The subject property is located along Highway 16 among many local and national retail and dining options.

Highlights:

>> Lowe's outparcel with 3,300 SF retail center

>> 6.5% cap rate

>> NOI: $32,500

>> All three units occupied by one tenant

>> Located adjacent to a new Aldi grocery store and across from Home Depot in busiest retail corridor in Griffin, GA

>> Minimal Landlord responsibility

>> Value-add opportunity

>> Low rents


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