For Sale
$1,199,000

1785 Georgia RdFranklin, NC 28734

5 Units, 100% Occupied, NNN Leases

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Franklin, NC shopping center presents a compelling investment opportunity. Located on Georgia Rd, just south of the high-traffic intersection of Hwy 64/US 441 (24,000 ADT per NCDOT 2019 data), this single-story, 4,000-5,000 square foot building offers five fully leased retail units, ensuring a stable income stream. Each unit benefits from recent capital improvements (2022), separate HVAC systems, and individual power meters for efficient operation. The property features a well-maintained parking lot, city water, and a septic system. Built in 1982 and situated on a 0.81-acre lot, this property provides a hassle-free investment with Triple Net (NNN) leases, meaning tenants cover property taxes and insurance. The 100% occupancy rate and high visibility make this a truly exceptional opportunity for investors seeking a reliable, low-maintenance income producer in a prime location. The asking price is $1,199,000.

Highlights

  • High-traffic location near Hwy 64/US 441 intersection (24,000 ADT).
  • Five fully leased units with excellent street visibility.
  • Triple Net (NNN) leases; tenant pays taxes and insurance.
  • Capital improvements completed in all units.
  • Individual HVAC and power meters for each unit.
  • On-site septic system.

Property Details for 1785 Georgia Rd

Property type
Lifestyle centers, Power centers
Square Feet
4,000 SF
Year Built/Renovated
1982/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
35,284 SF
Units
5

Location Insight

City
Franklin
County
Macon
State
North Carolina
Latitude
35.150123405475
Longitude
-83.393382237065
1785 Georgia Rd, Franklin, North Carolina

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1785 Georgia Rd
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