6534 Tara Boulevard

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6534 Tara Boulevard

Jonesboro, GA 30236
Asking Price
$3.10M
Cap Rate
6%
Asset Type
Restaurant Retail
Class
Class B

What's Special

100% Occupied Tara Boulevard Retail & Medical Portfolio | National Medical Tenancy | ±17,314 SF <ul><li>​Multi-building retail and medical portfolio totaling ±17,314 SF</li><li>​100% occupied by The Velvet Fork, DaVita Dialysis, Midway Tax Service, and a church tenant</li><li>​Situated on a combined ±2.30 acres</li><li>​Fronting Tara Boulevard (US-19/41) with exposure to 65,204 vehicles per day</li><li>​Excellent visibility from both northbound and southbound traffic</li><li>​Two freestanding buildings with strong street presence and signage</li><li>​Recently renovated restaurant building

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NOI
$80,000
Cap Rate
2.58%
DSCR
0.43
Underwater
Cash-on-Cash
-11.19%
Monthly Payment
$15,337.109
Annual Cash Flow
$-104,045.303

Location & Travel Times