529 Newnan Street
Carrollton, GA 30117
$615,000
Located in the heart of downtown Carrollton, this property offers a great investment opportunity. The proximity to the downtown area enhances both property value appreciation and tenant stability. A 3-year Triple Net Lease from March 2025 to February 2028 is in place and offers security and a guaranteed income stream to the investor. The CAP rate is 9.76 at the asking price which is a good return on investment. The building and office is in good condition and its value will appreciate over time adding more to the investment's potential. For the buyer looking for Cash Flow and Appreciation, you need to take a look at this one.
- Zip Code30117
- CityCarrollton
- CountyCarroll - GA
Location
- StatusPending
- MLS #7520562
- TypeCommercial
- SpecialInvestor Owned
MLS Data
- ConstructionVinyl Siding
- Built In1989
- StoriesArray
- ParkingParking Lot
- UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
- SewerPublic Sewer
- Lot DescriptionBusiness Park, Level
- Lot Dimensionsx
- Acres0.26
Exterior Details
Listing Provided Courtesy Of: Century 21 Novus Realty 678-664-1400
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Data Last updated on April 12, 2025 11:19am