125 Elbert StElberton, GA 30635

Property Details for 125 Elbert St

Year built

1977

Construction

STEEL FRAME

Lot size

0.70 AC

Property size (Sq ft)

2,876 SF

Zone code

ELBERTON

Property type

Office properties

Property subtype

Office buildings

APN

E18 059

APU

E18059

Description

This exceptional investment opportunity presents a 2,876 square foot storefront located at 125 Elbert Street, Elberton, Georgia 30635. The property, built in 1977, is currently leased to TitleMax under a Net Lease (NNN) agreement with a corporate guarantee. The lease commenced August 14, 2007, and has a remaining term of approximately 12.7 years, expiring August 14, 2037. The lease includes annual rent bumps of 2%, ensuring consistent income growth. The asking price is $683,333, representing a price per square foot of $237.60 and a compelling 6.75% cap rate. The property generates a Net Operating Income (NOI) of $46,125. This strategically located storefront sits on a highly visible corner at a lighted intersection, benefiting from its position on the main retail thoroughfare alongside other national tenants and convenient access to heavily traveled College Avenue. The property offers strong investment fundamentals, including an absolute NNN lease structure, a high yield, and built-in rent increases. This is a prime opportunity for investors seeking a stable, high-return investment in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $735,775

  6.5%

  $679,177

  7%

  $630,664

• Comparable approach

  Method

  Valuation

  Relative Method

  $236,781

  Geo Method

  $236,781

• Alternative Use

  Use

  Valuation

  Residential

  $842,179

  Hospitality

  $771,432

  Educational

  $641,822

  Medical

  $663,895

  Retail

  $998,390

Location Insight

City

Elberton

County

Elbert

State

Georgia

Latitude

34.1104

Longitude

-82.8645

Property Tax & Assessments

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