108 N Belair Road, Evans, GA 30809 (MLS# 385338)

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

Overview

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

Listing Details MLS# 385338

Location, Tax & Legal

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
Quadrant
2CO
Parcel Number
073C045B

Contract Info

Property Sub Type
Business
Original List Price
1395000
Availability Date
2015-04-16
Lease Amount
10
Triple Net Y/N
No
Tenancy
Multiple

General Property Info

Lot Size Acres
1.35
Lot Size Dimensions
58937
Zoning
C2
# Of Units Total
9
Total SqFt
11700
Living Area Source
Owner
Year Built
2008
# Retail SqFt
11700
Parking Total
55
Average Daily Traffic
28000
List Price/Acres
962222.22
List Price/SqFt
111.02
Frontage Length
No
Average Depth
No
# Office SqFt
0
# Warehouse SqFt
0

Status Change Info

Pending Date
2015-09-25
Closed Date
2015-12-15
Sold Price/ Acres
847407.41
Sold Price/SqFt
97.77

Structure Type

Property Attached Y/N
Plaza,Attached
Retail
Yes

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

More Information

Income & Expenses

Gross Income
114000
Total Expenses
22600
Net Operating Income
0

Current Use

Commercial
Yes
Office
Yes
Place of Worship
Yes
Retail
Yes
Showroom
Yes

Business Type

Convenience Store
Yes
Education/School
Yes
Professional/Office
Yes
Strip Center
Yes
Wholesale
Yes

Possible Use

Automotive
Yes
Commercial
Yes
Industrial
Yes
Meeting Hall
Yes
Mixed Use
Yes
Office
Yes
Place of Worship
Yes
Recreational
Yes
Retail
Yes
Showroom
Yes

Roof

Metal
Yes

Parking Features

Paved
Yes

Development Status

Finished Lot(s)
Yes
Site Plan Filed
Yes

Utilities

Electricity Connected
Yes
Phone Available
Yes
Sewer Available
Yes
Sewer Connected
Yes
Underground Utilities
Yes
Water Available
Yes
Water Connected
Yes

Water Source

Public
Yes

Improvements

Other
Yes
See Remarks
Yes

Sewer

Public Sewer
Yes

Lot Features

Level
Yes

Road Frontage Type

City Street
Yes
County Road
Yes
Highway
Yes

Road Surface Type

Paved
Yes

Restrictions

Other
Yes
See Remarks
Yes

Land Options

Other
Yes
See Remarks
Yes

Possession

Close Of Escrow
Yes

Showing Requirements

Call Listing Agent
Yes

Electric

Other
Yes
See Remarks
Yes

Listing Terms

Lease Option
Yes

Special Listing Conditions

Short Sale
Yes

Documents

Other
Yes

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.