403 W Memorial Drive

Dallas, GA 30132

$285,000

1406 SQ FT

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.

    MLS Data

  • StatusActive
  • MLS #7340115
  • TypeCommercial

    Exterior Details

  • ConstructionBlock
  • Built In1983
  • StoriesArray
  • ParkingParking Lot
  • FeaturesRain Gutters
  • ServicesCurbs
  • UtilitiesElectricity Available, Sewer Available, Water Available
  • SewerPublic Sewer
  • Lot DescriptionLevel
  • Lot Dimensions92x180x103x152
  • Acres0.38

Listing Provided Courtesy Of: Keller Williams Realty Signature Partners 678-631-1700

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Data Last updated on November 21, 2024 9:30am

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