128 W Brazell St
Reidsville, GA 30453
T-Mobile · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 2022 retrofit of a former Huddle House
- 10-Year corporate NNN lease (rent commencement of December 2022)
- Local retails tenants include McDonald’s, Dollar General, Dollar Tree, O’Reilly Auto Parts, Anytime Fitness, Ace Hardware, Subway, Food Lion, and more
- Renovations include a new roof, parking lot, and HVAC system
- Attractive 10% rent increase in year 6 and in both option periods (cap rate will increase to 7.43%, assuming a purchase at list price)
- T-Mobile is the second-largest wireless carrier in the United States
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,000 SF
Building Class
B
Year Built/Renovated
1991/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.60 AC
Zoning
C
PROPERTY TAXES
| Parcel Number | R09-004A | Improvements Assessment | $37,680 |
| Land Assessment | $12,320 | Total Assessment | $50,000 |
