2764 Highway 411 SE, Fairmount, GA 30139
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2764 Highway 411 SE, Fairmount, GA 30139
2764 Highway 411 SE, Fairmount, GA 30139
2764 Highway 411 SE, Fairmount, GA 30139
2764 Highway 411 SE, Fairmount, GA 30139
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Daphne Howell

Daphne Howell

+1(404) 934-4733
$ 695,000
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2764 Highway 411 SE Fairmount, GA 30139

3,004 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,004 sqft

Price per Sqft $231

Subdivision No Subdivision

MLS Listing ID 10526303

HOA Y/N No

Year Built 1988

Annual Tax Amount $4,250

Tax Year 2024

Lot Size 0.780 Acres

Acres 0.78

Lot Dimensions 33976.8

Property Sub-Type Commercial

Source Georgia MLS 2

Property 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.

Location

State GA

County Gordon

Zoning Commercial

Rooms

Bedroom Description No

Interior

Heating Central, Electric, Heat Pump, Natural Gas

Cooling Central Air, Electric

Fireplace No

Exterior

Parking Features Paved, Parking Lot, Drive Through

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N No

Roof Type Other,Tar/Gravel

Garage No

Private Pool No

Building

Lot Description City Lot, Corner Lot, Level

Faces Downtown Fairmount right off Highway 411

Sewer Public Sewer

Water Public

Structure Type Block,Brick

New Construction No

Others

Tax ID F05Z 020

Special Listing Condition Updated/Remodeled

Georgia MLS - GAMLS
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Daphne Howell

Daphne Howell

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+1(404) 934-4733

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2764 Highway 411 SE

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