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4894 Jonesboro Rd

6,040 SF 100% Leased Retail Building Forest Park, GA 30297 $1,755,850 CAD ($291 CAD/SF) 5.88% Cap Rate

Executive Summary

Introducing an exceptional investment opportunity in Forest Park, GA. This 6,040 SF office building, constructed in 2007, offers two units and is 100% occupied, presenting immediate income potential for savvy investors. Zoned C for commercial use, this property provides a solid foundation for long-term growth and tenant stability. Its prime location enhances its appeal, making it an attractive asset for those seeking to expand their portfolio. Don't miss out on this turnkey investment with promising returns.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,040 SF
Building Class
B
Year Built
2007
Price
$1,755,850 CAD
Price Per SF
$291 CAD
Cap Rate
5.88%
NOI
$103,259 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Land Acres
0.54 AC
Opportunity Zone
Yes
Zoning
GB - General business district
Parking
23 Spaces (3.81 Spaces per 1,000 SF Leased)
Frontage
129 ft on Jonesboro Rd

Amenities

  • Monument Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-0049B-00D-010
Land Assessment
$39,887 CAD
Improvements Assessment
$270,451 CAD
Total Assessment
$310,338 CAD
  • Listing ID: 33829348

  • Date on Market: 2024-11-11

  • Last Updated:

  • Address: 4894 Jonesboro Rd, Forest Park, GA 30297

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