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Address: 520 East Montgomery Street
City: Villa Rica
State or Province: Georgia
Zip: 30180
County: Douglas
Price: $850,000.00 |
Type: Rental
Zoning: Light Industrial
Status: Active
Lot Size/Acreage: 2.68 Acres
Square Feet:
3,900± Square Feet – (3) Mini-Warehouse Buildings
3,000± Square Feet – (2) Mini-Warehouse Buildings
2,760± Square Feet – (2) Mini-Warehouse Buildings
3,100± Square Feet – (1) Mini-Warehouse Building
2,945± Square Feet – (1) Mini-Warehouse Building
2,230± Square Feet – (1) Mini-Warehouse Building
1,800± Square Feet – (1) Mini-Warehouse Building
2,240± Square Feet – Shop/Garage |
Country
USA
Full Description:
Self-Storage Mini Warehouse Business on busy highway in Bremen Georgia.
12 Buildings with 239 Units on 2.68± Acres on busy highway near Interstate 20.
Currently Enjoys 50% Occupancy in Fast Growing Mirror Lake Community
Lease with Option to Buy Opportunity
Total Sales Price - $1,250,000
Option to Buy – 20% or $240,000 – 100% to be deducted from sales price upon closing
Triple Net Lease at $8,000 per month
This is a prime location for this mini-warehouse facility.
It is centrally located to both Villa Rica and the new Mirror Lake community near Interstate 20.
Currently the mini-warehouses are at about 50% occupancy, but with the increasing growth in the area due to the proximity to Atlanta, this number is sure to only rise.
There are 12 mini-warehouse buildings in total, with a total of 239 units available for lease. Many of the mini-warehouse buildings were built from 1986-1989, with three more buildings being added in 1995 and the last addition being built in 1999. Financial and occupancy information for the mini-warehouses are available upon request.
Location: Traveling on Interstate 20, take the Liberty Road Exit #26 and turn north on Liberty Road, almost immediately making another right turn off Liberty Road onto the Highway 78 access ramp. Turn left onto Highway 78 towards Villa Rica and travel approximately 0.4 miles to the intersection with East Montgomery Street. Turn left onto East Montgomery Street and the property will be directly on your left, It sits in the corner lot of Highway 78 and East Montgomery Street.
Special Note: Road Frontage .25± Miles on Highway 78
Utilities: All Utilities Available
Terms/Financing:
Lease with 20% option to purchase
Total Sales Price – 1,250,000
All Cash To Seller At Closing
Class
Commercial
Industrial
Warehouse
Property
Land
Building(s)
Business
Category
Business Opportunity
Industrial Buildings
Rental Property For Sale
Service Business
Storage Units
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Property Features
Booming Area
Close to Interstate
Commercial Corner
Easy Access
Frontage Property
High Traffic
Investment Opportunity
Major Thouroughfare
Now Available
Now Leasing
Open Warehouse Space
Prime Location
Profitable Business
Property Developed
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Tony Dermo
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Listed by Tony Dermo
Phone: 770-834-9999
Fax: 770-834-7773
Homepage: http://www.DermoRealty.com
Info:
A West Georgia Leader In Commercial Real Estate
For Over 35 Years!
"We Take Care Of Business!"
Dermo Realty
801 Old Newnan Road
Carrollton, GA 30117
Email: dermo@mindspring.com
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This listing has been viewed 2609 times. Since 23 09 2008
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