Listing

Property Description:

Excellent commercial investment property for sale at $795,000 in growing City of Nashville, GA - 18 miles from Moody AFB. Mini-strip property on main artery corner lot thru City. Two buildings on one parcel: (1) 715 S Davis St (4278 sf), World Finance and Nash Nutrition, both multi-year tenants paying $2773/mo total rent; (2) 713 S Davis St, former Family Dollar building 7500 sf, just closed, now offered for rent at $3950/mo NNN. Clear span retail space & stock room, office, restroom in back. Pro-forma 100% rent is $80,676/yr, less 15% OpEx provides 8.6% cap rate at full price. Or buy the property and open your store in the empty building, and collect $33,276/yr rent from the other two units. Includes large pylon sign, 40 striped parking spots in front, extra land in back.