2636 East 1st Street

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2636 East 1st Street

Blue Ridge, GA 30513
Asking Price
$3.30M
Cap Rate
9%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

53,453 SF Retail Center | Blue Ridge, GA <p><strong style="color: rgba(0, 0, 0, 1)">BLUE RIDGE PLAZA | VALUE-ADD TOURISM-SUPPORTED RETAIL CENTER | BLUE RIDGE, GA</strong></p><p><span style="color: rgba(0, 0, 0, 1)">β€’ 53,453 SF multi-tenant retail center delivering stable Day-1 cash flow in a tourism-driven small-town market with seasonal upside</span></p><p><span style="color: rgba(0, 0, 0, 1)">β€’ Located in a mountain destination market, Blue Ridge benefits from strong seasonal and weekend visitor traffic</span></p><p><span style="colo

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NOI
$80,000
Cap Rate
2.42%
DSCR
0.41
Underwater
Cash-on-Cash
-11.71%
Monthly Payment
$16,326.599
Annual Cash Flow
$-115,919.193

Location & Travel Times