For Sale
For Sale
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Total Building Size
13,000 RSF
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Overview
Located on busy Lexington Road, less than 3 miles east of downtown Athens.
This property represents a great investment opportunity on busy Lexington Road on the east side of Athens. The property consists of a small house used as an office, an auto repair shop, and self-storage which includes a Penske truck rental
business. The office and shop are both on recently renewed 3-year leases, and with the rental income, self-storage business and truck/trailer rental, this property has a cap rate of over 8.5%. Please call to set up a time to see this excellent investment opportunity.
Property Details
Located on busy Lexington Road, less than 3 miles east of downtown Athens.
This property represents a great investment opportunity on busy Lexington Road on the east side of Athens. The property consists of a small house used as an office, an auto repair shop, and self-storage which includes a Penske truck rental
business. The office and shop are both on recently renewed 3-year leases, and with the rental income, self-storage business and truck/trailer rental, this property has a cap rate of over 8.5%. Please call to set up a time to see this excellent investment opportunity.
- Property TypeIndustrial
- Sale Price$925,000
- Total Building Size13,000RSF
- Total Acres2.0
- Cap Rate9.0%
- Property ID1518921