3416 Centerville Hwy
7,989 SF 100% Leased Retail Building Snellville, GA 30039 $1,500,000 ($188/SF) 4.95% Cap Rate
Investment Highlights
- 8,144 SF building with 7 units
- 100% occupancy
- High visibility and foot traffic
- Prime location in Atlanta area
- Strong rental income potential
Executive Summary
Introducing a prime commercial opportunity in Snellville, GA! This 8,144 SF building, 7 units, presents a compelling investment proposition. Built in 1983 and zoned C2, this property offers a strategic location in the thriving Atlanta area. Boasting 100% occupancy, potential retail/strip center investors can capitalize on a stable income stream. With its established tenant base and favorable zoning, this property represents a chance to secure a lucrative asset in a high-demand market. Unlock the potential of this prime investment in the heart of Snellville.
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 | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,989 SF
Building Class
B
Year Built
1983
Price
$1,500,000
Price Per SF
$188
Cap Rate
4.95%
NOI
$74,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.97 AC
Zoning
C2
Parking
30 Spaces (3.76 Spaces per 1,000 SF Leased)
Frontage
257 FT on Centerville Hwy
Amenities
- Pylon Sign
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 6-019-005 | Total Assessment | $431,200 (2023) |
Land Assessment | $81,120 (2023) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $350,080 (2023) | Tax Year | 2024 Payable 2024 |