819 New Franklin Rd
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819 New Franklin Rd
12,137 SF 100% Leased Retail Building Lagrange, GA 30240 $535,000 ($44/SF)
Investment Highlights
- 306’ of frontage on New Franklin Road
- Six tenants paying a total of $4,460 per month. Rent roll available.
- IMPROVEMENTS: Two buildings. Paved parking lot.
Executive Summary
TERMS OF SALE: Cash to seller, conventional loan, 1031 Exchange
CURRENT LEASE DETAILS: Multiple tenant spaces
CURRENT LEASE DETAILS: Multiple tenant spaces
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Retail
Building Size
12,137 SF
Building Class
C
Year Built
1965
Price
$535,000
Price Per SF
$44
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Land Acres
1.08 AC
Zoning
CR-MX - Corridor Mixed-Use
Parking
17 Spaces (1.4 Spaces per 1,000 SF Leased)
Frontage
306 FT on New Franklin Road
PROPERTY TAXES
Parcel Number | 061-1A-001-001 | Improvements Assessment | $122,400 |
Land Assessment | $27,000 | Total Assessment | $149,400 |
PROPERTY TAXES
Parcel Number
061-1A-001-001
Land Assessment
$27,000
Improvements Assessment
$122,400
Total Assessment
$149,400
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819 New Franklin Rd
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