For Sale
$560,000

317 Taylor StGriffin, GA 30223

High-yield retail building, 100% leased.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional retail property, located at 317 W Taylor Street in Griffin, Georgia, presents a compelling investment opportunity. The 100% leased, single-building property boasts a desirable 6.70% cap rate and is situated on a 0.27-acre lot offering ample parking. Built in 1985, the building has undergone renovations over the years, ensuring its continued appeal and functionality. The property enjoys excellent visibility and accessibility from the busy W Taylor Street, within the Central Business District (CBD) zoning of Griffin. Currently, the space is occupied by two tenants: Metro by T-Mobile occupying the storefront and an additional tenant utilizing the office and break areas. All essential utilities and public services are readily available on-site. This property is ideally suited for passive investors seeking a strong return on investment in a thriving Georgia market. The asking price for this turnkey retail investment is $560,000. This represents a rare opportunity to acquire a well-maintained, high-performing asset in a prime location. Don't miss out on this chance to add a valuable property to your portfolio.

Highlights

  • 100% leased, single-tenant retail building in Griffin, GA, offering a 6.70% cap rate.
  • Located on a 0.27-acre lot with ample parking in the Central Business District (CBD).
  • 1985 construction with renovations, excellent visibility and accessibility on W Taylor Street.
  • Two tenants: Metro by T-Mobile and an additional tenant occupying office/break areas.
  • Asking price: $560,000.

Property Details for 317 Taylor St

Property type
Retail properties
Year Built
1985
Buildings
1
Lot Size (sq. ft)
11,761 SF

Location Insight

City
Griffin
County
Spalding - GA
State
Georgia
Latitude
33.2831586
Longitude
-84.2489525
317 Taylor St, Griffin, Georgia

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317 Taylor St
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