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GX Market 40081 US-441

5,000 SF Retail Building Commerce, GA 30529 $7,200,768 CAD ($1,440 CAD/SF) 6.25% Cap Rate

Investment Highlights

  • Strategically located ±0.5 miles off I-85, the main interstate connecting Atlanta, GA to Greenville, SC
  • UGA has 41,615+ student and ±10,740 employees
  • Robust retail submarket with 2.2 MM SF and low vacancy rate of 3.2%
  • Highway 441 provides direct connectivity to Athens, GA and the University of Georgia (UGA) which is ±22 miles south of the subject property
  • Athens hosts 100,000+ people during football weekends
  • Subject property is less than 2 miles from Tanger Outlets Commerce, a ±371,408 SF outlet mall with more than 70 outlets

Executive Summary

Broker of Record
Bill Pedersen
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
5,000 SF
Building Class
B
Year Built
2024
Price
$7,200,768 CAD
Price Per SF
$1,440 CAD
Cap Rate
6.25%
NOI
$450,048 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Land Acres
0.83 AC
Zoning
C2 - Commercial zone - 3252 - Retail Stores
Parking
36 Spaces (7.2 Spaces per 1,000 SF Leased)
Frontage
230 ft on U.S. 441

Amenities

  • Freeway Visibility
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Nearby Major Retailers

Sonny"s Real Pit Bar B-Q
Buddy's Home Furnishings
Planet Fitness
Waffle House
Fuddruckers
LongHorn Steakhouse
Five Guys
Outback Steakhouse
Starbucks
Krystal

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B55-018
Land Assessment
$233,590 CAD
Improvements Assessment
$245,659 CAD
Total Assessment
$479,250 CAD
  • Listing ID: 33924886

  • Date on Market: 2024-11-19

  • Last Updated:

  • Address: 40081 US-441, Commerce, GA 30529

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