Metro PCS | 317 W Taylor St
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Metro PCS 317 W Taylor St
2,516 SF 100% Leased Retail Building Griffin, GA 30223 $560,000 ($223/SF) 6.70% Cap Rate
Investment Highlights
- 100% leased
- Plenty of parking
- Direct frontage on W Taylor Street
- Central Business District Zoned
Executive Summary
Ideal for passive investors, 100% leased building for sale in the heart of Spalding County, in the booming area of Griffin, Georgia. Frontage off the busy W Taylor Street, with plenty of parking on the 0.27 acre lot, built in 1985 but remodeled since over the years. Zoned CBD (Central Business District) by the City of Griffin Currently occupied by Metro by T-Mobile in the front and an additional tenant that uses the offices and break areas. All utilities and public services are available on site.
Financial Summary (Actual - 2024) 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 - 2024) 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
Property Type
Retail
Property Subtype
Building Size
2,516 SF
Building Class
C
Year Built
1985
Price
$560,000
Price Per SF
$223
Cap Rate
6.70%
NOI
$37,520
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Land Acres
0.27 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
10 Spaces (3.97 Spaces per 1,000 SF Leased)
Frontage
58 FT on West Taylor Street
Amenities
- Air Conditioning
Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 015-41-008 | Improvements Assessment | $170,378 (2023) |
| Land Assessment | $43,200 (2023) | Total Assessment | $213,578 (2023) |
PROPERTY TAXES
Parcel Number
015-41-008
Land Assessment
$43,200 (2023)
Improvements Assessment
$170,378 (2023)
Total Assessment
$213,578 (2023)
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Tim Hur -
Ray Kim -
Point Honors and Associates, Realtors
1 of 2
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Metro PCS | 317 W Taylor St
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