$695,000
2764 Highway 411 SE, Fairmount GA 30139
Fairmount, GA, 30139
3,004 sq ft
Listing Courtesy of: Performance Real Estate Services
About this home
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.
- Property type
- Commercial
- Year built
- 1988
- Lot size
- 0.78 ac
- Annual tax
- $4,250
- MLS #
- 10526303
Recently sold
These are past sales of other homes, not an estimate of this home’s value.
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