Hampton Village

  • $1,521,201
685-707 GA-3 - Hamption, GA 30228
Under Contract
685-707 GA-3 - Hamption, GA 30228
  • $1,521,201

Property Highlights

  • Opportunity to purchase well-maintained strip center with upside | 12 suites (83.33% occupied)
  • Priced below replacement cost | Seller invested significant capital into improvements | New roof
  • Subway’s recent extension (05/2022) demonstrates their commitment to the site | ±5 years remaining on corporate lease (44,758 units)
  • Signalized corner: 7,970 VPD (2020) | 315 FT of frontage on GA-3 & 425 FT on GA-81
  • Atlanta Motor Speedway (692 AC) is an 8-minute drive away from subject property | Proposed $1 Billion Casino Resort at the Racetrack 
  • Hampton, GA (25 miles from Atlanta) is currently growing at a rate of 2.11% annually | Twice a year when the Atlanta Motor Speedway holds NASCAR races, it becomes the 8th largest city in Georgia
  • Strong Demographics | Average Household Income: $78,531 (3-miles) | Daytime Population: 14,693 (3-miles) | Median Age: 34 years old (3-miles)

Details

  • Price: $1,521,201
  • Year Built: 2004
  • Property Type: Multi-Tenant
  • Property Status: Under Contract

Additional Details

  • Price/SF: $105.64
  • Cap Rate: 7.25%
  • Rentable Area: 14,400 SF
  • Lot Size: 3.23 AC
  • Zoning : C-2
  • APN/Parcel ID: 019-02022005
  • Address 685-707 GA-3
  • City Hampton
  • State/county Georgia
  • Zip/Postal Code 30228

Compare listings

Compare
Dustin R. Alvino
  • Dustin R. Alvino