18,750 Square Foot Retail Space For Sale @ 55 Crowell Road, Covington, GA 30014

55 Crowell Road, Covington, GA 30014

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David T.

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55 CROWELL RD.
COVINGTON, GA 30014

ANNUAL RENT: $160,770
18,750 SQFT / GLA
3.45 ACRES w/ DEDICATED TURN LANE
YEAR BUILT: 2003
1 STORY / 15 – 1250 SQFT UNITS
CONCRETE SLAB FOUNDATION
ALUMINUM FRAMING
REINFORCED CONCRETE WALLS
METAL ROOF
ASPHALT PAVING
60 PARKING SPACES – 3.16/100
EACH UNIT CENTAL HVAC
SPRINKLERS
SHEETROCK / ACOUSTICAL TILE
ZONED C3

67% 0CCUPIED (CURRENTLY)
GROSS RENT $160,775
EXPENSES -$ 44,810
NET INCOME $115,960
CAP RATE 8.59%

PROFORMA (STABILIZED)
GROSS RENT $221,202
5% VACANCY -$ 10,961
EXPENSES - $ 64,536
NET INCOME $145,705
CAP RATE 10.79%

Location Description:
Brown Bridge Crossing - Neighborhood Shopping Center

Pricing: $1,350,000

Availability: Now

Listing ID: 706798

Suite	Space Type	Pricing	Size
---	Retail Space	For sale: $1,350,000	18,750 sqft
ANNUAL RENT: $147,072 18,750 SQFT / GLA 3.45 ACRES w/ DEDICATED TURN LANE YEAR BUILT: 2003 1 STORY / 15 - 1250 SQFT UNITS CONCRETE SLAB FOUNDATION... or view detailed page

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Sale Price: $1,350,000

Size: 18,750 square feet

Type: Retail Space

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