2764 Highway 411 SE,Fairmount, GA 30139
Fairmount, GA 30139
Description
100% Leased Investment Property - Ideal for 1031 Exchange Turnkey investment opportunity with two long-term, established tenants and immediate income. This fully remodeled property (2024) offers stable, triple-net (NNN) lease with 5% annual rent escalations, making it a perfect addition to any investment portfolio. Tenant 1: Reputable, long-established funeral home Brand-new 5-year lease with multiple renewal options Triple-net lease (NNN) with 5% annual increases Tenant 2: Synovus Bank Fresh 5-year lease term with renewal options 5% annual rent escalations Total Annual Net Operating Income (NOI): $51,030.00 All the heavy lifting has been done-fully leased, recently renovated, and generating steady cash flow. A rare, hassle-free opportunity for passive investors and ideal for a 1031 exchange.
Details
| MLS # | 10526303 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1988 |
| Days On Site | 542 |
| Listing Provided By | Performance Real Estate Services | David Shouse |
Features
| SQ Feet | 3,004 |
|---|---|
| Building(s) | 1 |
| Zoning | Commercial |
| Acreage | 0.78 |
Interior
| Cooling | Central Air, Electric |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Central, Electric, Heat Pump, Natural Gas |
| Heating Yes / No | Yes |
Exterior
| Lot Features | City Lot, Corner Lot, Level |
|---|---|
| Construction Materials | Block, Brick |
| Roof | Other, Tar/Gravel |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Paved, Parking Lot, Drive Through |
Utilities
| Utilities | Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 4250 |
|---|---|
| Tax Year | 2024 |
Area Information
| State | GA |
|---|---|
| County | Gordon |
| City | Fairmount |
| Zip Code | 30139 |
| Area | Gordon |
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Learn More About This Property
| State | GA |
|---|---|
| County | Gordon |
| City | Fairmount |
| Zip Code | 30139 |
| Area | Gordon |