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Settlement Point 510 Settlement Dr

11,577 SF 100% Leased Retail Building Gray, GA 31032 $775,000 ($67/SF) 7.59% Cap Rate

Retail Space Georgia Gray 510 Settlement Dr, Gray, GA 31032

Investment Highlights

  • Fitness Center on 6-year lease with rental increases
  • Parking lot recently refinished
  • Seven (7) new HVAC units
  • Some owner financing may be available to qualified candidate

Executive Summary

$100,000 Price Improvement --- Income Producing

Attachments

Settlement Point Drive 510_10-25-2022

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Health Club
Building Size
11,577 SF
Building Class
C
Year Built
2001
Price
$775,000
Price Per SF
$67
Cap Rate
7.59%
NOI
$58,804
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Land Acres
0.90 AC
Zoning
Commercial - Commercial
Frontage
400 FT on U S 129 Hwy
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PROPERTY TAXES

Parcel Number G10 00 014 Improvements Assessment $73,791
Land Assessment $54,000 Total Assessment $127,791

PROPERTY TAXES

Parcel Number
G10 00 014
Land Assessment
$54,000
Improvements Assessment
$73,791
Total Assessment
$127,791
(478) 477-2324

  • Listing ID: 25761329

  • Date on Market: 5/22/2022

  • Last Updated:

  • Address: 510 Settlement Dr, Gray, GA 31032

More public record information on 510 Settlement Dr, Gray, GA 31032

The Retail Property at 510 Settlement Dr, Gray, GA 31032 is currently available For Sale. Contact Washburn & Associates for more information.

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510 Settlement Dr, Gray, GA for sale Building Photo- Image 1 of 4
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Settlement Point | 510 Settlement Dr
(478) 477-2324 x

Settlement Point | 510 Settlement Dr

Dale Washburn

(478) 477-2324

(478) 477-2324

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