403 W Memorial Drive , Dallas, GA 30132
Dallas, GA 30132
Description
So close to downtown Dallas and across from Dallas Markets, this single story building with a new roof and newer HVAC. Currently a retail shop, it has endless possibilities. Don't miss the opportunity to get in on the revitalization coming to this area. Easy access 278Investment opportunity... take advantage of two income streams including a newly executed 5 year NNN lease and a separate billboard. The leaseback cap rate is 10.5%+ / ~$30K annual revenue and the billboard revenue is a separate stream. Note, the seller has reserved the option of selling as owner / user. Zoning is C2 with the city of Dallas which allows for a wide range of uses. See documents for C-2 permitted uses which allows for a convenience store with fuel pump. All showings should be scheduled with the listing agent and after 11 am.
Details
| MLS# | 10255095 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 205 |
| Listing Provided By | Keller Williams Realty | Cheves Goble |
Features
| Building(s) | 1 |
|---|---|
| Zoning | c2 |
| Acreage | 0.38 |
Market Activity 30132
MLS Number: 10255095Request a showing
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Learn More About This Property
| State | GA |
|---|---|
| County | Paulding |
| City | Dallas |
| Zip Code | 30132 |
| Listing VS Median (in 30132) | |
Price: $285,000 low | high Med: $399,000 On Site: 205 low | high Med: 68.000000 | |