1027 Hogansville Rd LaGrange, GA 30241
High-yield, NNN-leased auto parts store.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- $541,000 asking price for a 5,000 square foot retail property.
- Absolute NNN lease with a corporate guarantee from Advance Auto Parts, a publicly traded company.
- 9.6 years remaining on the lease with 6 x 5-year options; rent bumps are in the option period.
- 6.00% cap rate with a $32,483 NOI; 100% occupancy.
- Located in LaGrange, GA, at 1027 Hogansville Rd, on a 0.73-acre lot, in a low-vacancy retail area with high traffic counts.
Property Details for 1027 Hogansville Rd
- Property type
- Retail properties, Retail space
- Square Feet
- 5,000 SF
- Class
- A
- Year Built
- 1998
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 31,799 SF
Location Insight
- City
- LaGrange
- County
- Troup
- State
- Georgia
- Latitude
- 33.0497698
- Longitude
- -85.0101082
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, NNN-leased auto parts store.
- Where is the retail property located?
- The property is located at 1027 Hogansville Rd LaGrange, GA.
- What is the asking price?
- The asking price for this property is $541,000.
- What are key features of this property?
- This property features: $541,000 asking price for a 5,000 square foot retail property.; Absolute NNN lease with a corporate guarantee from Advance Auto Parts, a publicly traded company.; 9.6 years remaining on the lease with 6 x 5-year options; rent bumps are in the option period.
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