156-120 Eighth St | Helena, GA 31037
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- LoopNet Team
156-120 Eighth St
Helena, GA 31037
11% CAP GA Value Add National Grocery Center · Retail Property For Sale
Investment Highlights
- NOI: $685,000
- National grocer with $10.6m+ annual sales thereby providing a strong anchor with significant traffic draw and long-term stability
- Value-add opportunity with a 15k square foot junior box vacancy adjacent to the grocer that can be leased to increase NOI
- 88% occupied national grocery-anchored dominant shopping center
- 76% of income from national tenants & desirable Georgia submarket (2 hours from Atlanta)
- Four separate buildings and outparcels included in the sale (could sell separately in the future)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
125,539 SF
Building Class
C
Year Built/Renovated
1982/2022
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
12.98 AC
Zoning
C3 - Commercial
Parking
519 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
1,300 FT on 8th Street
PROPERTY TAXES
| Parcel Number | H01900-017 | Improvements Assessment | $1,014,774 |
| Land Assessment | $598,320 | Total Assessment | $1,613,094 |
PROPERTY TAXES
Parcel Number
H01900-017
Land Assessment
$598,320
Improvements Assessment
$1,014,774
Total Assessment
$1,613,094
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