Industrial + Retail/Industrial 2 Properties Offered at $1,661,145 CAD in Fayetteville, GA

NOW WITH HIGHER RENT! Investment Property. There are 2 buildings: In front: 3,000SF, a retail/office/automotive building. In rear: 6,240sf, a warehouse/automotive repair building with 4 tenants, fully rented at $8,600/month Modified Gross leases. In front, the building is leased for $3,600/month Modified Gross lease. Total gross income is $150,000/year, with $117,000 Net Operating Income (NOI). (This figure factors in property taxes, insurance, landscaping, a 5% vacancy factor, reserves for repairs and a management fee). Excellent street visibility, located right on the busy Highway 85 in Fayetteville. Easy access from the divided 4 lane highway--turn lane from other side of street feeds directly into this property. Freshly painted and detailed exteriors. Freshly re-paved parking lot in front, New AC/heaters in the front building, new hot water heaters, newly painted and freshly serviced garage doors, new fencing at rear. Roofs are shingle and are approximately 7 years old. Easy to manage. .92 of an acre. Zoned M1. Allows Auto Broker, used car lot, office, retail, auto repair, auto body, HVAC, Plumbing, etc., contracting or showroom/warehouse. Seller will accommodate your 1031 exchange or a long closing if needed. Seller is a licensed GA Real Estate Broker. Perfect 1031 replacement property.