Bldg E | 2601 Cross Country Dr
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Bldg E 2601 Cross Country Dr
10,595 SF Office Building Columbus, GA 31906 $1,250,000 ($118/SF)
Investment Highlights
- Landlord would be responsible for roof, foundation and exterior walls
Executive Summary
Price Improvement $50k less now! $1,250,000- NOI $127,140 year 1! This sale-leaseback offers over 10% cap going in with 2% increases annually. A new 5-year deal with (2) 5 year options- all lease terms include 2% annual increase per year- Year 1 lease is $12 a sq ft. with Tenant responsible for all maintenance, repairs, taxes, insurance. Building was renovated in 2021. Central location in Midtown Columbus GA (Georgia's 2nd largest city) adjacent to Interstate I-185 at US80. Great Investment on a solid building with solid tenant!
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
10,595 SF
Building Class
C
Year Built
1969
Price
$1,250,000
Price Per SF
$118
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,595 SF
Building FAR
0.24
Lot Size
1.00 AC
Zoning
O - Office
Parking
120 Spaces (11.33 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Bus Line
- Convenience Store
- Dry Cleaner
- Restaurant
- Security System
- Monument Signage
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Bldg E | 2601 Cross Country Dr
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