691 Talbotton StGreenville, GA 30222
- Retail properties
- 13,100 SF
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.
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
Comparable in this City
Similar Nearby for Sale
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