GA
Carroll
Carrollton
30117
529 Newnan Street
529 Newnan Street, Carrollton, GA 30117
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Listing Type
Commercial/Industrial
Listing Status
pending
38
$615,000

Home Details for 529 Newnan Street

Price
$615,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1989
Lot size acres
0.26
County
Carroll
Garage
Basement
None
Days on site
229
MLS Listing#
7520562
Property Description

Located in the heart of downtown Carrollton, this property offers a great investment opportunity. The proximity to the downtown area enhances both property value appreciation and tenant stability. A 3-year Triple Net Lease from March 2025 to February 2028 is in place and offers security and a guaranteed income stream to the investor. The CAP rate is 9.76 at the asking price which is a good return on investment. The building and office is in good condition and its value will appreciate over time adding more to the investment's potential. For the buyer looking for Cash Flow and Appreciation, you need to take a look at this one.

Property Features
  • Utilities
    • Cable Available
    • Electricity Available
    • Natural Gas Available
    • Phone Available
    • Sewer Available
    • Underground Utilities
    • Water Available
  • Heating Information
    • Central
    • Hot Water
    • Natural Gas
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • House Interior
    • Other
  • Parking
    • Parking Lot
  • Basement
    • None
Listing Courtesy: Century 21 Novus Realty - 678-664-1400
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Last Updated: 2025-03-04 08:46:07
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EXIT GRASSROOTS REALTY
4448 Marietta St. Suite 200, Powder Springs, GA 30127
Office
404 324 7321
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