691 Talbotton StGreenville, GA 30222

  • Retail properties
  • 13,100 SF
For Sale
$399,000 View listing

Property Details for 691 Talbotton St

Year built
1979
Construction
STEEL FRAME
Lot size
2.97 AC
Property size (Sq ft)
13,100 SF
Zone code
1
Property type
Retail properties
Property subtype
Outlet malls
APN
GR04- -003
APU
GR04003

Description

This exceptional retail investment opportunity presents a 13,100-square-foot convenience store/grocery store/storefront located at 691 N Talbotton St, Greenville, GA 30222. The property, built in 1979 and situated on a 2.97-acre lot, boasts a 7.51% cap rate and a strong net operating income (NOI) of $29,972. Currently operating at 100% occupancy under a triple-net (NNN) lease with a corporate guarantee, the lease expires December 30, 2025, leaving approximately 1.1 years remaining. The tenant is a subsidiary of a large, established operator with over 420 units across 15 southeastern states. The property benefits from a high-traffic location on North Talbotton Street, averaging over 5,600 vehicles daily. A strong demographic profile supports the business, with over 2,600 residents within a 5-mile radius and an average household income exceeding $69,000. Its proximity to Greenville High School and West Georgia Technical College further enhances its appeal. The asking price is $399,000, representing a compelling investment opportunity in a stable and well-performing retail asset. The property is offered fee simple.

691 Talbotton St, Greenville, Georgia

Location Insight

City
Greenville
County
Meriwether
State
Georgia
Latitude
33.0322
Longitude
-84.7143
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
$6,252
$16,000
$108,600
$124,600
-
$40,000
$271,500
$311,500

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