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Income-Monthly
Unit Number
Tenant
Sq Ft Occupied
Gross Rent Amt
Less CAM
Net Rent Amt
1
1st Franklin Financial
1200
$
1,745
$
315
$
1,430
2
Barber Shop
1200
$
1,250
$
275
$
975
3&4
El Molino Grocery
2400
$
2,910
$
510
$
2,400
Totals
4800
$
5,905
$
1,100
$
4,805
Purchase Price Calculation Based on 8% CAP Rate
Net Monthly Rent
Net Yearly Rent
Purchase Price
$
4,755
$
57,060
$
713,250
CAM Expense Breakdown
Payor
Category
Monthly Expenses
Yearly Expenses
Waste Mgmt
Dumpster
$
142
$
1,709
Grassman
Lawncare
$
183
$
2,196
Chemlawn
Lawncare
$
42
$
504
City of Stockbridge
Outside Water
$
8
$
102
City of Stockbridge
Inside Water(Avg)
$
50
$
600
Ga Power
House Meter
$
100
$
1,200
State Farm
Insurance
$
-
$
395
Henry Tax Comm.
Property Taxes
$
-
$
6,185
Total Yrly Expenses
$
12,891
More Information
Location:
4655 North Henry Blvd, Stockbridge, Ga.
The road is the major highway that travels
through the heart of Stockbridge.
Other alias' for this road are State Hwy 42, State Hwy 138,
and General Ray Davis Memorial Hwy.
The center is a corner lot with a traffic light for easy access onto the Highway, as well
as easy back access to the side streets.
The center is next to Stockbridge Elementary School.
Traffic Counts
About 30k+ cars per day
Year Built
2000
Type Construction
Steel Building with Brick & Stucco Veneer
Information of
Interest:
The City of Stockbridge has plans available in their City Hall of a proposed "New Downtown"
that will enhance the northern border of this property and offers the owner a great deal of
upside potential.