ABSOLUTE NET LEASE with CORPORATE GUARANTEED
Webb Properties is proud to offer a quality 9,180 SF retail corner Ameris Bank building on a 1.77 acre lot deep in the heart of Hoschton, GA on 1907 Georgia Highway 211.
Just off Interstate 85 close to the Mall of Georgia, the building is in the heart of new growth. Over 4,000,000 SF of new warehouse distribution has been built since the property was developed. High growth, new jobs and regional location provide a long term stable appreciation of the underlying asset value.
Net Lease Bank Branch in High Growth Market 2.5% rent growth per year. Corporate guarantee on original 20 year Absolute NNN Lease. There are 6.5 year remaining on the original term with 3 x 5 year renewal at the same annual growth rates. OFFERING INCLUDES ADDITIONAL BANK BRANCH IN CUMMING, GA, Combined offering $9,450,000 at 7.0% average annual rate of return.