For Sale
$1,025,000

7 Zetterower AveStatesboro, GA 30458

High-yield flex space, great location.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional value-add investment opportunity presents a 6,300 square foot flex space property located at 7 N Zetterower Ave, Statesboro, GA 30458. The property boasts a strong 4.74% cap rate, generating a net operating income (NOI) of $48,600. The asking price is $1,025,000. Situated on a 0.48-acre lot, this single-story building features six units across one building, currently occupied by three tenants under a gross lease agreement. The property offers ample parking with 22 spaces, making it ideal for businesses requiring convenient access for employees and clients. The strategic location in downtown Statesboro provides excellent visibility and accessibility. Furthermore, the property includes six loading docks and three dock-high doors, catering to businesses needing efficient loading and unloading capabilities, with sufficient space for large trucks. The CR zoning permits a variety of uses, making this a versatile investment for a range of businesses. This property presents a compelling opportunity for investors seeking a strong return in a thriving market.

Highlights

  • 6,300 SF flex space in Statesboro, GA, on a 0.48-acre lot, with a 4.74% cap rate and $48,600 NOI. Asking price: $1,025,000.
  • Six units in a single-story building, currently 3 tenants under gross lease. 22 parking spaces accommodating large trucks.
  • Excellent downtown Statesboro location with high visibility and accessibility. Six loading docks and three dock-high doors. CR zoning allows diverse uses.

Property Details for 7 Zetterower Ave

Property type
Industrial properties, Flex space
Square Feet
6,300 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
20,909 SF
Units
6

Location Insight

City
Statesboro
County
Bulloch
State
Georgia
Latitude
32.4493935
Longitude
-81.7780613
7 Zetterower Ave, Statesboro, Georgia

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7 Zetterower Ave
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