For Sale
$1,386,426

201 Isabella St Sylvester, GA 31791

Sylvester, GA: Bank building, strong lease.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity features a 9,669 square foot Truist Bank building located at 201 N Isabella St, Sylvester, GA 31791. The property boasts a strong, absolute NNN lease with a national credit tenant, Truist, offering significant financial stability. The lease commenced December 10, 2007, and currently has approximately 5.1 years remaining, with one 3-year option and five 5-year options. The annual rent bumps are 1.5%, ensuring consistent income growth. The property, built in 1962 and renovated in 1997, sits on a 0.8-acre lot and includes 31 parking spaces. The building is classified as Class B and is zoned for Neighborhood Business District (C-1). The asking price is $1,386,426, representing a price per square foot of $143.39 and a 6.27% cap rate based on a current NOI of $86,986. This single-tenant, single-story building offers a secure, passive income stream with a long-term lease and a proven track record. The property's central location in downtown Sylvester, surrounded by other businesses, further enhances its value and potential for future appreciation. This is an ideal 1031 exchange opportunity.

Highlights

  • 9,669 SF Truist Bank building on 0.8-acre lot in Sylvester, GA.
  • Absolute NNN lease with national credit tenant, Truist.
  • Approximately 6 years remaining on lease, plus option periods.
  • 6.27% cap rate, $1,386,426 asking price.

Property Details for 201 Isabella St

Property type
Retail properties, Retail space
Square Feet
9,669 SF
Class
B
Year Built/Renovated
1962/1997
Buildings
1
Stories
1
Lot Size (sq. ft)
34,848 SF
Units
1

Location Insight

City
Sylvester
County
Worth
State
Georgia
Latitude
31.5279475
Longitude
-83.8379802

FAQs

What type of property is this?
Retail property - Sylvester, GA: Bank building, strong lease.
Where is the retail property located?
The property is located at 201 Isabella St Sylvester, GA.
What is the asking price?
The asking price for this property is $1,386,426.
What are key features of this property?
This property features: 9,669 SF Truist Bank building on 0.8-acre lot in Sylvester, GA.; Absolute NNN lease with national credit tenant, Truist.; Approximately 6 years remaining on lease, plus option periods.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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201 Isabella St
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