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1878 Thompson Bridge Rd
Gainesville, GA 30501
$1.69M Gainesville Texaco Investment Property · Retail Property For Sale


Investment Highlights
- Excellent frontage on GA SR-60
- Tenant has long lease
- Prime location on the way to Lake Lanier parks
Executive Summary
Fully-occupied property
0.45 acres | 1,980 total sq ft
Income from gas station/c-store tenant
Tenant has long lease
Priced to sell
Landlord handles the COAM contract
Located off of I-985 and Hwy-129, along GA-60
About 60 miles NE of Atlanta
Excellent frontage right on GA-60
Prime location! Tourist pitstop on route to Lake Lanier parks
Surrounded by apartment complexes
Just minutes away from Downtown Gainesville
0.45 acres | 1,980 total sq ft
Income from gas station/c-store tenant
Tenant has long lease
Priced to sell
Landlord handles the COAM contract
Located off of I-985 and Hwy-129, along GA-60
About 60 miles NE of Atlanta
Excellent frontage right on GA-60
Prime location! Tourist pitstop on route to Lake Lanier parks
Surrounded by apartment complexes
Just minutes away from Downtown Gainesville
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
1,980 SF
Building Class
C
Year Built/Renovated
1991/2005
Price
$2,309,892 CAD
Price Per SF
$1,166.61 CAD
Cap Rate
6.33%
NOI
$146,248 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.45 AC
Zoning
C3
Parking
8 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
122’ on Thompson Bridge Rd
Property Taxes
| Parcel Number | 00-00097-01-025 | Improvements Assessment | $217,510 CAD |
| Land Assessment | $82,457 CAD | Total Assessment | $299,966 CAD |
Property Taxes
Parcel Number
00-00097-01-025
Land Assessment
$82,457 CAD
Improvements Assessment
$217,510 CAD
Total Assessment
$299,966 CAD
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