for sale investment opportunity · investment opportunity created 10/6/16 sears retail store...

EBERHARDT & BARRY INC.

© 2016 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. The information contained herein has been obtained from sources believed to be reliable; however, you are advised to verify this information through personal or professional inspections.

FOR SALE INVESTMENT OPPORTUNITY

Created 10/6/16

Sears Retail Store

11,840± SF - 1.5± Acres

921 Hillcrest Parkway

Dublin, Laurens County, GA 31021

SALES PRICE: $699,000

CAP RATE: 6.75%

Main 478-746-8171 Toll Free 800-926-0990 Fax 478-746-1362 Cell 478-718-1806 www.coldwellbankercommercialeb.com

FOR MORE DETAILS CONTACT:

990 Riverside Drive Macon, GA 31201

PATRICK BARRY - EXCLUSIVE AGENT [email protected] Coldwell Banker Commercial Eberhardt & Barry Inc.


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BUILDING INFORMATION:

11,840± SF Glass Front Retail Building - 7,730± SF Retail Showroom - 4,110± SF Warehouse

- Fenced storage area rear of building - Served by two loading docks - Two 12’ X 12’ dock high loading doors -

LEASE INFORMATION:

See Lease Highlight Page 3

YEAR BUILT: 2004

BUILDING CONSTRUCTION:

Block / Steel

ACREAGE: 1.51± Acres

HVAC: Amana 1.5 ton unit

ROOF: Metal

FLOORING: Vinyl tile

CEILING/LIGHTING: 16’ ceiling height - Acoustical tile Recessed fluorescent fixtures

TOPOGRAPHY: Slightly below road grade

ZONING: B2 - Highway Oriented Business

PARKING: 30± Asphalt paved parking

UTILITIES: All public utilities serve the site

PROPERTY TAX BILL:

$8,901.92 (2015)

NEIGHBORS: CVS Pharmacy, Kroger, Medical Center, US Post Office, Quick Tan Salon, Farmers State Bank, Middle Georgia Business Products, Classic Florist & Home Decor

921 Hillcrest Parkway - Dublin, GA 31021 PROPERTY OVERVIEW


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FURNITURE, FIXTURES,

& EQUIPMENT: Property of Tenant

TERM: 5 Years

RENT: $4,900 Per Month

CAM: N/A

BUILDING INSURANCE & TAXES:

Paid by Landlord

UTILITIES: Paid by Tenant

TENANT: Sears

LIABILITY INSURANCE:

Paid by Tenant

921 Hillcrest Parkway - Dublin, GA 31021 LEASE HIGHLIGHT


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INCOME

Rental Income $58,800

TOTAL INCOME: $58,800

EXPENSES

Taxes (Paid by Landlord) $8,902

Insurance 2,700

TOTAL EXPENSES: $11,602

NET OPERATING INCOME $47,198

921 Hillcrest Parkway - Dublin, GA 31021 INCOME/EXPENSE


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921 Hillcrest Parkway - Dublin, GA 31021 PHOTOS


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921 Hillcrest Parkway - Dublin, GA 31021 MAPS

for sale investment opportunity · investment opportunity created 10/6/16 sears retail store...

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