Two Tenant Retail Opportunity | 7% Cap Rate | Woodstock, GA
1000 Woodstock Pkwy
Woodstock, GA 30188
FOR SALE
Property Type:
Strip CenterAmount:
$1,950,000
Last Verified:
Jul 31, 2024Daily Email Blast
0 times
Highlights
- 10-Year Triple Net Leases
- Expenses covered by tenants
- 633' feet of road frontage
- Strong growth market area
- Recession resistant tenants: Dance studio and Chiropractor
- Long term tenant history
- Dancentre South moved in in 2006
- Georgia Chiropractic & Massage moved in in 2012
Description
Bull Realty is pleased to offer the opportunity to acquire a fully occupied, two tenant strip center in Woodstock, a popular Atlanta bedroom community. The initial terms of the leases are both ten years. All property operating expenses are covered by the tenants. The buyer may want to underwrite a new roof coating during ownership, estimated at approximately $60,000.
This property is located in Woodstock, GA.
Year Built: 2006
Building Size: 10492sq ft
Building Class: C
Lot Size: 1.75 acres
