8725 Tara Blvd
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8725 Tara Blvd
8,075 SF Retail Building Jonesboro, GA 30236 $1,578,973 ($196/SF) 6.50% Cap Rate
Executive Summary
Long-Term NN Lease with 11 Years Remaining.
Agreement Beginning Jan. 1, 2025
2 – Five Year options to renew with escalations.
New Roof Installed in March 2021
Same Tenant since 1996
Tenant Signed New 10 Year Lease.
Agreement Beginning Jan. 1, 2025
2 – Five Year options to renew with escalations.
New Roof Installed in March 2021
Same Tenant since 1996
Tenant Signed New 10 Year Lease.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,075 SF
Building Class
B
Year Built
1995
Price
$1,578,973
Price Per SF
$196
Cap Rate
6.50%
NOI
$102,633
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Land Acres
0.80 AC
Zoning
GB - General business
Parking
20 Spaces (2.48 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
PROPERTY TAXES
Parcel Number | 05-0242B-00D-011 | Improvements Assessment | $208,360 |
Land Assessment | $139,400 | Total Assessment | $347,760 |
PROPERTY TAXES
Parcel Number
05-0242B-00D-011
Land Assessment
$139,400
Improvements Assessment
$208,360
Total Assessment
$347,760
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8725 Tara Blvd
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