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2764 Highway 411 Se 3,004 SF Office Building Fairmount, GA 30139 $951,948 CAD ($316.89 CAD/SF) 7.19% Cap Rate
Executive Summary
100% Leased Investment Property - Ideal for 1031 Exchange
Turnkey investment opportunity with two long-term, established tenants and immediate income. This fully remodeled property (2024) offers stable, triple-net (NNN) lease with 5% annual rent escalations, making it a perfect addition to any investment portfolio.
Tenant 1: Reputable, long-established funeral home Brand-new 5-year lease with multiple renewal options Triple-net lease (NNN) with 5% annual increases
Tenant 2: Synovus Bank Fresh 5-year lease term with renewal options 5% annual rent escalations
Total Annual Net Operating Income (NOI): $49,950.00
All the heavy lifting has been done-fully leased, recently renovated, and generating steady cash flow. A rare, hassle-free opportunity for passive investors and ideal for a 1031 exchange.
Turnkey investment opportunity with two long-term, established tenants and immediate income. This fully remodeled property (2024) offers stable, triple-net (NNN) lease with 5% annual rent escalations, making it a perfect addition to any investment portfolio.
Tenant 1: Reputable, long-established funeral home Brand-new 5-year lease with multiple renewal options Triple-net lease (NNN) with 5% annual increases
Tenant 2: Synovus Bank Fresh 5-year lease term with renewal options 5% annual rent escalations
Total Annual Net Operating Income (NOI): $49,950.00
All the heavy lifting has been done-fully leased, recently renovated, and generating steady cash flow. A rare, hassle-free opportunity for passive investors and ideal for a 1031 exchange.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,004 SF
Building Class
C
Year Built/Renovated
1988/2024
Price
$951,948 CAD
Price Per SF
$316.89 CAD
Cap Rate
7.19%
NOI
$68,417 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,004 SF
Building FAR
0.09
Lot Size
0.78 AC
Zoning
C - Commercial
Amenities
- Wheelchair Accessible
- Air Conditioning
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | F05Z-020 | Improvements Assessment | $149,079 CAD |
| Land Assessment | $31,942 CAD | Total Assessment | $181,021 CAD |
Property Taxes
Parcel Number
F05Z-020
Land Assessment
$31,942 CAD
Improvements Assessment
$149,079 CAD
Total Assessment
$181,021 CAD
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2764 Highway 411 Se
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