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1302 W Walnut Ave
Dalton, GA 30720

$5,126,000 USD

Storefront For Sale • 6,000 SF

Property Details

Property Type Storefront
Total Building Size 6,000 SF
Lot Size 0.74 AC
Building Class B
Year Built 2023
Cap Rate 5.60 %
Tenancy Multiple
Zoning C-2

50 Walk Score

                
                    Highlights
                
                                CAP 6.11% (August 2028), CAP 5.60% (Current)
                            
                                NOI $313,218 (August 2028), NOI $287,100 (Current)
                            
                                Occupied by two tenants, Starbucks and AFC Urgent Care, with 32 parking spaces.
                            
                                Newly built in 2023 (3 years old), located in a highly affluent area 
                            
                                Rent increases occur every five years, with the next base rent adjustment  in August 2028, when the cap rate is expected to increase accordingly.
                            
                                Starbucks drive-thru with 50% higher revenue and the only one within a 5-mile radius.

Property Flyers

Offering Memorandum

Site Map

Cap Rate:

5.60 %

Amenities

Pylon Sign
Signage
Wheelchair Accessible

Public Transportation

Airport	Drive	Walk	Distance
Lovell Field	38 min	-	27.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	48
Type:	Surface
Included in Rent:	Yes

Sung (Scott) Kim 404-610-6275 TBRE Real Estate Services

1302 W Walnut Ave Dalton, GA 30720