2764 Highway 411 SE, Fairmount, GA 30139

$695,000
3,004
SqFt

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List Price
$695,000
Days on Market
484
MLS#
10526303
Year Built
1988
Living Area
3,004
Lot Size
33,976
Acres
0.78

Property Description

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.

Additional Information

Utilities
Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
Heating
Central, Electric, Heat Pump, Natural Gas
Air Conditioning
Central Air, Electric

Listing courtesy of Performance Real Estate Services. Contact:

Listing Courtesy Of Performance Real Estate Services, Contact:

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