59 Rogers Ave 18,518 SF 100% Leased Industrial Building Jasper, GA 30143 $1,100,000 ($59.40/SF) 8.68% Cap Rate
INVESTMENT HIGHLIGHTS
- Downtown Jasper
- New roof, electrical & plumbing
- 100% leased
EXECUTIVE SUMMARY
Prime opportunity to purchase a fully leased 18,500 sf warehouse for only $59.46/sf.
Located off Main Street in downtown Jasper.
Easy access to Hwy 515
New roof, new wiring and plumbing in 2022 & 2023
Located off Main Street in downtown Jasper.
Easy access to Hwy 515
New roof, new wiring and plumbing in 2022 & 2023
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$105,504
|
$5.70
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$105,504
|
$5.70
|
| Taxes |
$5,742
|
$0.31
|
| Operating Expenses |
$4,258
|
$0.23
|
| Total Expenses |
$10,000
|
$0.54
|
| Net Operating Income |
$95,504
|
$5.16
|
PROPERTY FACTS Under Contract
AMENITIES
- Fenced Lot
- Yard
UTILITIES
- Lighting - Halide
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- College Hunks Moving Franchise
- Services
- -
- $7.63
- Triple Net
- Aug 2026
- Mako Services
- Wholesaler
- 11,500 SF
- -
- Triple Net
- Sep 2025
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| College Hunks Moving Franchise | Services | - | $7.63 | Triple Net | Aug 2026 | |
| Mako Services | Wholesaler | 11,500 SF | - | Triple Net | Sep 2025 |
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PROPERTY TAXES
| Parcel Number | JA15-000-061-000 | Total Assessment | $294,682 |
| Land Assessment | $51,334 | Annual Taxes | $5,742 ($0.31/SF) |
| Improvements Assessment | $243,348 | Tax Year | 2024 |
