For Sale
$1,897,034
905 Hamilton Blvd Griffin, GA 30223
High-return auto shop, long-term lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- 5,696 SF auto shop on 1.44-acre lot in Griffin, GA.
- 18.9-year remaining lease term (NNN) with four 5-year renewal options, potentially extending to 40 years.
- 7.25% cap rate and $137,535 annual NOI.
- $1,897,034 asking price ($333.05/SF).
- 2% annual rent increases starting year seven.
Property Details for 905 Hamilton Blvd
- Property type
- Retail properties, Auto shops
- Square Feet
- 5,696 SF
- Year Built
- 2001
- Lot Size (sq. ft)
- 62,726 SF
Location Insight
- City
- Griffin
- County
- Spalding
- State
- Georgia
- Latitude
- 33.2392664
- Longitude
- -84.2450931
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-return auto shop, long-term lease.
- Where is the retail property located?
- The property is located at 905 Hamilton Blvd Griffin, GA.
- What is the asking price?
- The asking price for this property is $1,897,034.
- What are key features of this property?
- This property features: 5,696 SF auto shop on 1.44-acre lot in Griffin, GA.; 18.9-year remaining lease term (NNN) with four 5-year renewal options, potentially extending to 40 years.; 7.25% cap rate and $137,535 annual NOI.
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