AMERIVET | 12 YR ABS NNN (DARK) | 9.5% CAP 2047 Fort Benning Rd 6,261 SF 100% Leased Retail Building Columbus, GA 31903 $643,292 CAD ($102.75 CAD/SF) 9.50% Cap Rate
INVESTMENT HIGHLIGHTS
- SINGLE-TENANT VETERINARY INVESTMENT | 12 YEAR ABSOLUTE NNN LEASE | 2.50% ANNUAL INCREASES
- NATION’S 6TH LARGEST MILITARY BASE | 5-MILES FROM FORT MOORE
- ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES
- BELOW REPLACEMENT COST | EXTREMELY LOW BASIS | 9.50% CAP RATE
- AMERICAN VETERINARY GROUP | 200+ UNIT OPERATOR | CORPORATE GUARANTY
- COLUMBUS, GA | 2ND LARGEST CITY IN GA | ROBUST POPULATION | CORPORATE HEADQUARTERS | ONLY KIA MANUFACTURING PLANT IN UNITED STATES
EXECUTIVE SUMMARY
Broker of Record
Bill Pedersen
License No. 80041 (GA)
Bill Pedersen
License No. 80041 (GA)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,261 SF
Building Class
C
Year Built
1958
Price
$643,292 CAD
Price Per SF
$102.75 CAD
Cap Rate
9.50%
NOI
$61,113 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.51 AC
Opportunity Zone
Yes
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 063-044-007 | Improvements Assessment | $74,647 CAD |
| Land Assessment | $19,723 CAD | Total Assessment | $94,370 CAD |
