1701 Spring St SE | Smyrna, GA 30080
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1701 Spring St SE
Smyrna, GA 30080
Retail Property For Sale
EXECUTIVE SUMMARY
75% of the building is being leased out by an auto repair shop and a collision center. Both leases are NNN.
The middle two suites are vacant providing an opportunity for additional income while maintaining 9 to 10% cap rate.
The middle two suites are vacant providing an opportunity for additional income while maintaining 9 to 10% cap rate.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
17,786 SF
Building Class
C
Year Built
1974
Price
$1,990,000
Price Per SF
$111.89
Cap Rate
9%
NOI
$179,100
Tenancy
Single
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.27
Lot Size
1.52 AC
Zoning
GC - General Commercial & Neighborhood Shopping
Parking
54 Spaces (3.04 Spaces per 1,000 SF Leased)
Frontage
290’ on Spring Street
AMENITIES
- Corner Lot
- Signage
- Tenant Controlled HVAC
PROPERTY TAXES
| Parcel Number | 17-0632-0-064-0 | Improvements Assessment | $109,512 |
| Land Assessment | $204,488 | Total Assessment | $314,000 |
PROPERTY TAXES
Parcel Number
17-0632-0-064-0
Land Assessment
$204,488
Improvements Assessment
$109,512
Total Assessment
$314,000
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