713-715 Davis St, Nashville, GA 31639
sale
$795,000
|
Other
Courtesy Of FIRST COMMERCIAL REAL ESTATE
Excellent commercial investment property for sale at $795,000 in growing City of Nashville, GA - 18 miles from Moody AFB. Mini-strip property on main artery corner lot thru City. Two buildings on one parcel: (1) 715 S Davis St (4278 sf), World Finance and Nash Nutrition, both multi-year tenants paying $2773/mo total rent; (2) 713 S Davis St, former Family Dollar building 7500 sf, just closed, now for rent at $3950/mo NNN. Clear span retail space & stock room, office, restroom in back. Pro-forma 100% rent is $80,676/yr, less 15% OpEx provides 8.6% cap rate at full price. Or buy the property and open your store in the empty building, and collect $33,276/yr rent from the other two units. Includes large pylon sign, 40 striped parking spots in front, extra land in back.
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Property Features
- Amenities: Disabled Access
- Architecture Style: Other
- Cooling System: Heat Pump
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Metal Siding
- Exterior Type: Brick Veneer
- Exterior Type: Brick
- Exterior Type: Block
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Heat Pump (Heating)
- Heating System: Central
- Legal Description: DB 494-263 Tract 1
- MLSID: 145407
- Roof Type: Metal
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