Commercial Property for Lease or Sale in Roswell, GA
1. FOR LEASE OR SALE
1280 Alpharetta Highway
City of Roswell, GA
1. Total square footage in entire building which is for rent today is: 24,985 sft
located on 3.1 acres+-, zoned C-3 Highway Commercial in City of Roswell.
Lease price for the entire 24,985 sft. is $6.00/sft. on a total net lease basis.
That is $149,910 per year or $12,493 per month net of all expenses in the form
of: maintenance, insurance, property taxes, sewer, water, garbage, etc.
2. In the past, the owner has had the property divided into 2 leasing areas. These are:
1280A, which is the largest area for lease and contains 19,685 sft. plus an
abundant amount of parking and outside storage space. That space can be leased
separately today also at $6.00 per square foot total net and that would be $118,110
per year or $9,843 per month. That front office space has been recently renovated.
This property has for the past 25 years been leased to a tool rental store and then
more recently to an automobile, sales, repair and finance company.
There is a small appendage building which runs of to the left of the main building
but is attached to the main building we call 1280B Alpharetta Street.
This building has 5300 sft. in it with more than enough parking and outside
vehicle storage areas. The price to lease this facility is $2500 per month on a total
net basis.
Attachments to the email will show the property sufficiently enough to understand
the association between the 2 buildings. Property taxes are prorated between the
leased areas should they be leased by different parties.
3. This property is the former Benson Chevrolet dealership. It has 32 service bays
plus one oversized bay for trucks. It is approximately 1 mile north of the Roswell
Square on Highway 9 which is also Alpharetta Highway.
4. To qualify for a lease you must have good financial statements and both corporate
and personal financial statements must be reviewed by the attorney for the estate
that owns the property before the lease is negotiated. Both personal and corporate
guarantees must be made by the lessee in any lease event.
SALES PRICE: $2, 150,000
If interested, please contact:
Bob Nagel
Broker, Nagel & Company Realtors
Cell: 404-558-8785
nagel@mindspring.com