Eastman Georgia Center (Walmart out Parcel) | 1120 Indian Dr
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Eastman Georgia Center (Walmart out Parcel) 1120 Indian Dr
13,200 SF 100% Leased Retail Building Eastman, GA 31023 $1,970,000 ($149/SF) 6.78% Cap Rate
Executive Summary
1120 Indian Drive in Eastman, GA offer an investor the opportunity to acquire an exceptionally well-kept multi-unit strip center located on an out parcel to Walmart Supercenter. Long standing tenant of the center include Dollar Tree, Russell Cellular (Verizon), and Med+Immedicate Care. All leases are NNN. The building was repainted in Sept of 2022 and the 63 space parking lot was resealed and restriped in Nov of 2022.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,200 SF
Building Class
B
Year Built
2011
Price
$1,970,000
Price Per SF
$149
Cap Rate
6.78%
NOI
$133,536
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.58 AC
Zoning
Commercial
Parking
63 Spaces (4.77 Spaces per 1,000 SF Leased)
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Eastman Georgia Center (Walmart out Parcel) | 1120 Indian Dr
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