108 N Belair Road, Evans, GA 30809
$1,144,000
Property Type:
Commercial Sale
Square Footage:
11,700
Lot Size (sq. ft.):
58,806
Status:
Closed
Current Price:
$1,144,000
List Date:
4/17/2015
Last Modified:
12/29/2024
Description
7.15 Cap rate investment. Solid 11,700 square foot 9 unit commercial strip on busy belair road. Currently 100% occupied. Great investment with little headache as this building was built in 2008 and has low maintenance costs. Solid long term tenants with upside as the commercial leasing market is greatly improving. Area tenants include Papa Johns, Med Now, Smile now dental, Advanced Auto, Walgreens, and Bi-Lo
More Information MLS# 385338
Contract Info
Availability Date: 2015-04-16
Lease Amount: 10
Triple Net Y/N: No
Tenancy: Multiple
Property Sub Type: Business
Sold Price: $1,144,000
List Date: 2015-04-16
Status: Closed
Current Price: $1,144,000
Original List Price: 1395000
Location, Tax & Legal
Quadrant: 2CO
Parcel Number: 073C045B
Street #: 108
Street Dir Prefix: N
Street Name: Belair
Street Suffix: Road
County: Columbia
State: GA
Zip Code: 30809
MLS Area Major/Quadrant: Columbia (2CO)
Subdivision Name: Other
General Property Info
Lot Size Acres: 1.35
Zoning: C2
Frontage Length: 0
Lot Size Dimensions: 58937
Average Depth: 0
# Of Units Total: 9
Total SqFt: 11700
Living Area Source: Owner
# Office SqFt: 0
# Warehouse SqFt: 0
# Retail SqFt: 11700
Parking Total: 55
Average Daily Traffic: 28000
List Price/Acres: 962222.22
List Price/SqFt: 111.02
Year Built: 2008
Remarks & Misc
Directions: Adjacent to Papa Johns and Advanced Auto at the corner of Belair and Columbia road
Public Remarks: 7.15 Cap rate investment. Solid 11,700 square foot 9 unit commercial strip on busy belair road. Currently 100% occupied. Great investment with little headache as this building was built in 2008 and has low maintenance costs. Solid long term tenants with upside as the commercial leasing market is greatly improving. Area tenants include Papa Johns, Med Now, Smile now dental, Advanced Auto, Walgreens, and Bi-Lo
Status Change Info
Sold Price/ Acres: 847407.41
Sold Price/SqFt: 97.77
Pending Date: 2015-09-25
Sold Price: $1,144,000
Closed Date: 2015-12-15
Income & Expenses
Gross Income: 114000
Total Expenses: 22600
Net Operating Income: 0
Current Use
Commercial: 1
Office: 1
Place of Worship: 1
Retail: 1
Showroom: 1
Business Type
Convenience Store: 1
Education/School: 1
Professional/Office: 1
Strip Center: 1
Wholesale: 1
Possible Use
Automotive: 1
Commercial: 1
Industrial: 1
Meeting Hall: 1
Mixed Use: 1
Office: 1
Place of Worship: 1
Recreational: 1
Retail: 1
Showroom: 1
Structure Type
Property Attached Y/N: Plaza,Attached
Retail: 1
Roof
Metal: 1
Parking Features
Paved: 1
Development Status
Finished Lot(s): 1
Site Plan Filed: 1
Utilities
Electricity Connected: 1
Phone Available: 1
Sewer Available: 1
Sewer Connected: 1
Underground Utilities: 1
Water Available: 1
Water Connected: 1
Water Source
Public: 1
Improvements
Other: 1
See Remarks: 1
Sewer
Public Sewer: 1
Lot Features
Level: 1
Road Frontage Type
City Street: 1
County Road: 1
Highway: 1
Road Surface Type
Paved: 1
Restrictions
Other: 1
See Remarks: 1
Land Options
Other: 1
See Remarks: 1
Possession
Close Of Escrow: 1
Showing Requirements
Call Listing Agent: 1
Electric
Other: 1
See Remarks: 1
Listing Terms
Lease Option: 1
Special Listing Conditions
Short Sale: 1
Documents
Other: 1
Property Features
Business Type: Convenience Store; Education/School; Professional/Office; Strip Center; Wholesale
Current Use: Commercial; Office; Place of Worship; Retail; Showroom
Possible Use: Automotive; Commercial; Industrial; Meeting Hall; Mixed Use; Office; Place of Worship; Recreational; Retail; Showroom
Structure Type: Retail
Roof: Metal
Parking Features: Paved
Development Status: Finished Lot(s); Site Plan Filed
Utilities: Electricity Connected; Phone Available; Sewer Available; Sewer Connected; Underground Utilities; Water Available; Water Connected
Improvements: Other; See Remarks
Lot Features: Level
Water Source: Public
Sewer: Public Sewer
Road Frontage Type: City Street; County Road; Highway
Road Surface Type: Paved
Restrictions: Other; See Remarks
Land Options: Other; See Remarks
Possession: Close Of Escrow
Showing Requirements: Call Listing Agent
Electric: Other; See Remarks
Listing Terms: Lease Option
Special Listing Conditions: Short Sale
Documents: Other
Listing Office:
Sherman & Hemstreet Real Estate
Listing Agent:
Christopher Farrow
Last Updated: December - 29 - 2024
Information deemed reliable but not guaranteed.