529 Newnan Street
Carrollton, Georgia

Carrollton, Georgia

Listed By CENTURY 21 Novus

The Commercial Property for Sale located at Carrollton, Georgia is currently for sale. Carrollton, Georgia is listed for $615,000. If the property located at Carrollton, Georgia isn't what you're looking for, visit https://www.century21global.com to see other Commercial Properties for Sale in Carrollton .

Date Updated : Feb 14, 2025

MLS#: 10454155

$615,000 USD

  • Minimum sellable space
    395m²  (4,255ft²)
The details

Property features

Area

  • Property size: 395m²  (4,255ft²)
  • Land/Lot size: 1,052m²  (0.26ac)

Description

Located in the heart of downtown Carrollton, this property offers a great investment opportunity. The proximity to the downtown area enhances both property value appreciation and tenant stability. A 3-year Triple Net Lease from March 2025 to February 2028 is in place and offers security and a guaranteed income stream to the investor. The CAP rate is 9.76 at the asking price which is a good return on investment. The building and office is in good condition and its value will appreciate over time adding more to the investment's potential. For the buyer looking for Cash Flow and Appreciation, you need to take a look at this one.

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Location

Carrollton, Georgia
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