For Sale
$1,080,000

12811 Veterans Memorial HwyDouglasville, GA 30134

High-yield, multi-tenant office complex

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a two-story, 12,000 square foot Class C office building situated on a 24,829 square foot lot in Douglasville, Georgia. The property, located at 7274 Bankhead Highway, boasts a strong NOI of $123,127, resulting in an attractive 11.40% cap rate at an asking price of $1,080,000. Currently housing eight diverse tenants including Camp Law, Market Results, The Phisp of Greater Atl, Working Thru Christ, Bros Auto, A-Z, Infinite Oasis Spa Higgins, and Advanced Concrete Cut, this multi-tenant building offers a stable income stream and reduced vacancy risk. Built in 1973, the property is zoned IL and features one building with eight units. The substantial lot size presents potential for future expansion or development. This prime investment is ideally located in Douglas County, Georgia, offering significant potential for long-term growth and profitability in a thriving market. The property's strong financial performance, coupled with its desirable location and diverse tenancy, makes it an attractive proposition for discerning investors seeking a stable and high-yielding asset. The APN is 01910250046. There is no ground lease.

Highlights

  • Prime Douglasville, GA location at 7274 Bankhead Highway.
  • 12,000 square foot Class C office building.
  • 24,829 square foot lot with expansion potential.
  • $1,080,000 asking price.
  • 11.4% cap rate with $123,127 NOI.
  • Eight diverse tenants provide stable income and low vacancy risk.

Property Details for 12811 Veterans Memorial Hwy

Property type
Office properties
Square Feet
12,000 SF
Class
C
Year Built
1973
Buildings
1
Stories
2
Units
8

Location Insight

City
Douglasville
County
Douglas
State
Georgia
Latitude
33.744437235116
Longitude
-84.765744202748
12811 Veterans Memorial Hwy, Douglasville, Georgia

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12811 Veterans Memorial Hwy
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