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Leased **Investment** Opportunity 783 Lakeview Dr

2,754 SF Industrial Building Rossville, GA 30741 $375,000 ($136/SF) 8.30% Cap Rate

Investment Highlights

  • Fully leased.
  • Absolute NNN Lease.

Executive Summary

***INVESTMENT OPPORTUNITY***
NNN Leased Auto Repair Facility
Located in Rossville, GA - minutes to East Ridge and Ringgold.
Strong tenant history.
Lease is NNN - tenant pays taxes, insurance, and property maintenance.
Excellent opportunity to invest in an income producing property.
Currently offered at 8.3% CAP.

Property Facts

Price $375,000
Price Per SF $136
Sale Type Investment NNN
Cap Rate 8.30%
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
Building Class C
Lot Size 0.36 AC
Rentable Building Area 2,754 SF
No. Stories 1
Year Built/Renovated 1950/2015
Tenancy Single
Parking Ratio 1.82/1,000 SF
No. Drive In / Grade-Level Doors 4

Amenities

  • Fenced Lot
  • Signage
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0001A-133
Land Assessment
$14,560
Improvements Assessment
$12,982
Total Assessment
$27,542

zoning

Zoning Code C-1 (Neighborhood Commercial District in Catoosa County, GA.)
C-1 (Neighborhood Commercial District in Catoosa County, GA.)
  • Listing ID: 31999059

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 783 Lakeview Dr, Rossville, GA 30741

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