About This Home
This 0-bedroom, 0-bathroom commercial at 2009 Shorter Avenue in Rome, GA is listed for $1,200,000 ($615 per sqft). Built in 1976, the home offers 1,950 sqft of living space on a 0.53 acres lot.
Key Features
- Built in 1976
- 0.53 acre lot
- 25 parking spaces
Property Details
Rare opportunity to acquire a long-term, passive investment along the heavily traveled Shorter Avenue commercial corridor in Rome, Georgia. This property serves as the headquarters of an established company that has been in business for more than 30 years, and the tenant is renewing its commitment to the location with a brand-new 15-year absolute NNN lease at $6,000 per month.
The lease will be backed by a corporate guarantee and provides investors with minimal landlord responsibilities. With a 6% initial cap rate, this is an excellent opportunity to acquire a corporate-backed, long-term net-leased asset with an established tenant already operating from the property. High-visibility frontage and strong daily traffic further strengthen the long-term investment appeal.
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2009 Shorter Avenue
Rome, GA 30165
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2009 Shorter Avenue is listed at $1,200,000 ($615/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1976, 0.53 acre lot, 25 parking spaces.
This property is listed by Edwin Garcia and can be reached at 7067678040.
