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1494 Old Salem Rd 8,538 SF Retail Building Conyers, GA 30013 $2,921,709 CAD ($342.20 CAD/SF) 7.69% Cap Rate



Investment Highlights
- Heavy Day Time traffic
- Heart of Conyers Ga.
- Seconds from Georgia Interstate 20
Executive Summary
"High Demand Auto Corridor" with immediate proximity to major routes like Interstate Highway 20, Highway 138 and Sigman Road. Introducing This Turn-Key, exceptional opportunity in the Heart of Conyers, Ga. This well-maintained 8,538 SF Automotive building with five pull up bay doors, built in 1975 offers a prime location and is zoned C2 to accommodate a variety of retail and vehicle related businesses. With a track record of 100% occupancy, this property presents a lucrative Investment for prospective retail space to meet a range of business needs, while it's established presence in the thriving Conyers area ensures a steady flow of potential customers and clientele. Don't miss out on this turnkey investment or Owner Operator opportunity in a prime location. This property Also has redevelopment play and room for expansion. Also, ask Listing Broker about Seller Financing!!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,538 SF
Building Class
C
Year Built/Renovated
1974/2015
Price
$2,921,709 CAD
Price Per SF
$342.20 CAD
Cap Rate
7.69%
NOI
$224,693 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.98 AC
Zoning
C2 - C2
Parking
20 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
182’ on Old Salem Rd
Amenities
- 24 Hour Access
- Freeway Visibility
- Security System
- Signage
- Signalized Intersection
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- MegaWorks Autocenter
- Services
- 8,538 SF
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| MegaWorks Autocenter | Services | 8,538 SF | - | Triple Net | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 075-0-01-007G | Improvements Assessment | $250,433 CAD |
| Land Assessment | $74,935 CAD | Total Assessment | $325,367 CAD |
Property Taxes
Parcel Number
075-0-01-007G
Land Assessment
$74,935 CAD
Improvements Assessment
$250,433 CAD
Total Assessment
$325,367 CAD
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1494 Old Salem Rd
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