101 Gtm Pky
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101 Gtm Pky
10,046 SF 100% Leased Retail Building Rockmart, GA 30153 $3,260,181 CAD ($325 CAD/SF) 22.05% Cap Rate
Investment Highlights
- High Visibility and Traffic Count
- Additional area upstairs for office space
- Business, Building, and Land Included in Sale
Executive Summary
Profitable liquor store built in 2023 has high visibility and traffic count conveniently located in the heart of Rockmart. This purchase includes the business, building and land. The store has additional space upstairs perfect for office space. The attached building is currently rented as retail space at $2600 per month. The inventory is around $400,000 and will be in addition to the purchase price of the building. The store was opened in Late October 2023 and the gross sales for the month of July was around $73,000 and growing. The building has an appraisal of $2500000 without inventory. This area of Rockmart is growing with a 500 subdivision planned and a new Longhorn Steak house being built and a new Dunkin Donut.Call today to schedule your showing!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
10,046 SF
Building Class
B
Year Built
2023
Price
$3,260,181 CAD
Price Per SF
$325 CAD
Cap Rate
22.05%
NOI
$718,941 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.19
Lot Size
1.20 AC
Zoning
C - Wholesale
Parking
13 Spaces (1.29 Spaces per 1,000 SF Leased)
Frontage
166 ft on GTM Parkway
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 054-139M | Improvements Assessment | $123,676 CAD |
Land Assessment | $115,628 CAD | Total Assessment | $239,304 CAD |
PROPERTY TAXES
Parcel Number
054-139M
Land Assessment
$115,628 CAD
Improvements Assessment
$123,676 CAD
Total Assessment
$239,304 CAD
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101 Gtm Pky
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