100 Juniper StCanton, GA 30114

  • Retail properties
  • 17,810 SF
For Sale
$3,110,000 View listing

Property Details for 100 Juniper St

Year built
2000
Construction
STEEL FRAME
Lot size
0.96 AC
Property size (Sq ft)
17,810 SF
Zone code
GC
Property type
Retail properties
Property subtype
Auto shops
APN
91N02 D009
APU
91N02D009

Description

This exceptional investment opportunity presents a 6,091 square foot, single-tenant retail building in Canton, Georgia. The property is 100% occupied by a credit-rated Tires Plus, a subsidiary of Bridgestone Retail Operations LLC, operating over 2200 locations nationwide. The tenant has a long-standing presence, having occupied the site since 2000 and exercised two lease option renewals. The absolute NNN lease structure provides a passive income stream with built-in rent increases. The current lease features three 5-year options with a 10% rent bump at each renewal, resulting in a pro-forma cap rate of 7.15% (next increase April 2027). The property boasts a strong location, situated on a signalized corner outparcel of a busy ALDI shopping center and the Riverstone Parkway Retail corridor. The asking price is $3,110,000, representing a current cap rate of 6.50% and a NOI of $202,086. The building, constructed in 2000, is zoned GC and offers significant near-term appreciation potential. This is a stabilized investment with a proven track record and a secure tenant. The property address is 100 Juniper St, Canton, GA 30114.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,537,332
    6.5%
    $5,111,384
    7%
    $4,746,284
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,310,698
    Geo Method
    $3,957,590
  • Alternative Use

    Use
    Valuation
    Residential
    $4,311,644
    Hospitality
    $3,949,442
    Educational
    $3,285,890
    Medical
    $3,398,896
    Retail
    $5,111,384
100 Juniper St, Canton, Georgia

Location Insight

City
Canton
County
Cherokee
State
Georgia
Latitude
34.2451
Longitude
-84.4864
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,355
$200,720
$229,772
$430,492
-
$501,800
$574,430
$1,076,230

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