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2902 Highway 53 E 6,288 SF 100% Leased Industrial Building Jasper, GA 30143 $1,412,445 CAD ($224.63 CAD/SF) 7.51% Cap Rate

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Executive Summary

Excellent investment opportunity. Long term NNN Tenants. Brand new 6 Year NNN Leases! Annual 5% escalations or CPI. Building is well maintained and freshly remodeled. This is easily managed and a great entry level or 1031 opportunity! New HVAC Systems and Roof Coatings! Do not disturb Tenants! Leases do allow a new owner to terminate leases with 30 days of purchase if they intend to occupy!

Property Facts

Price $1,412,445 CAD
Price Per SF $224.63 CAD
Sale Type Investment NNN
Cap Rate 7.51%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 3.00 AC
Rentable Building Area 6,288 SF
No. Stories 1
Year Built/Renovated 1996/2022
Parking Ratio 3.18/1,000 SF
No. Drive In / Grade-Level Doors 6
Zoning NC - Neighborhood Commercial

Utilities

  • Lighting
  • Gas - Natural
  • Water - County
  • Sewer - Septic Field
  • Heating - Electric

Property Taxes

Property Taxes

Parcel Number
052A-000-015-001
Land Assessment
$21,773 CAD
Improvements Assessment
$228,045 CAD
Total Assessment
$249,818 CAD
  • Listing ID: 31413294

  • Date on Market: 2024-04-04

  • Last Updated:

  • Address: 2902 Highway 53 E, Jasper, GA 30143

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