|
|
| Ours PLUS Courtesy Listings : 239 West Lake Avenue Atlanta |
|
LISTING PHOTOS Click photo to enlarge |
MLS # 239 West Lake Avenue Atlanta ($2,200,000) Atlanta, GA Incredible opportunity to acquire a safe US government leased property, with tremendous upside potential. The approximately 132,000 sq ft facility on just under six acres has been operated as the Atlanta Job Corps since 1972 and the rent is only $1.62 sq ft. Acquire based on a 7% cap rate, with the rent at only $1.62 sq ft! You are only paying $16.66 per sq ft for the building. The tenant has eight one-year options to renew. When the tenant leaves or the lease expires, lease the facility at market rents! With the population growth projections, the strong demand for dormitory / educational facilities should continue. You get a strong safe return, plus huge upside potential! Courtesy of Bull Realty Call Sonya Rose with Invest Atlanta Commercial Realty at 678-499-9678
|
|||||||||||||||||||||||||||||||||||||||||
|
Invest Atlanta Commercial Realty EMAIL: info@investatantarealty.com 2180 Satellite Boulevard, Suite 400 Cel: 678-499-9678 Fax: 770-281-8741 |
Copyright 2009 © Invest Atlanta |