1400 Eatonton Rd
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1400 Eatonton Rd
12,000 SF 100% Leased Retail Building Madison, GA 30650 $4,600,000 ($383/SF) 4.69% Cap Rate
Investment Highlights
- 30,857 SF retail/strip center with 22 units
- Well-maintained and attractive building
- Ample parking for customers and tenants
- Prime location in the thriving Madison area
- Proven track record of successful tenancy
- High visibility and accessibility for businesses
Executive Summary
Presenting a prime investment opportunity in Madison, GA, this 30,857 SF property boasts 22 units and 100% occupancy, offering a lucrative venture for retail/strip center investors. With a strategic location, built in 1978 and renovated in 2002, provides a solid foundation for a successful retail enterprise. This well-maintained property is poised to deliver strong returns and is an ideal choice for investors seeking a high-performing asset in the thriving Madison area. This property also comes with two vacant tracts of land totalling 5.55 acres behind the plaza. Don't miss the chance to add this fully-occupied and strategically located retail/strip center to your investment portfolio.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
12,000 SF
Building Class
C
Year Built/Renovated
1978/2011
Price
$4,600,000
Price Per SF
$383
Cap Rate
4.69%
NOI
$215,860
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Land Acres
3.00 AC
Zoning
C2 - Commercial
PROPERTY TAXES
| Parcel Number | 036E003000 | Improvements Assessment | $639,588 |
| Land Assessment | $240,412 | Total Assessment | $880,000 |
PROPERTY TAXES
Parcel Number
036E003000
Land Assessment
$240,412
Improvements Assessment
$639,588
Total Assessment
$880,000
-
Aaron Daniel -
eXp Commercial
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1400 Eatonton Rd
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