12139 highway 301 sStatesboro, GA 30458

Description

THIS PROPERTY IS AN INVESTMENT PROPERTY WITH AN INCOME PRODUCING TENANT. PROPERTY IS THE FORMER STUBBS SCRAP METAL LOCATION. THE REAL ESTATE IS BEING LEASED TO SCRAP PARTNERS WHO HAS APPROXIMATELY 1 YEAR REMAINING ON THE INITIAL TERM OF THEIR LEASE AND TENANT HAS THE OPTION TO RENEW FOR ANOTHER 10 YEARS. LEASE HAS ANNUAL RENTAL ESCALATIONS. PROPERTY BEING SOLD SUBJECT TO THE LEASE AND TENANTS RIGHT OF FIRST REFUSAL. PROPERTY HAS ASSESS FROM HW 301 SOUTH ALONG A COUNTY MAINTAINED ROAD. THERE ARE ABOUT 19,000 VEHICLES PER DAY ALONG THIS AREA OF 301 SOUTH. PROPERTY ALSO HAS RAILROAD FRONTAGE.POSSIBLE OWNER FINANCING. BUYER MUST HAVE GOOD CREDIT HISTORY. POSSIBLE TERMS ARE $200,000 DOWN, COMPETITIVE INTEREST RATE AND TERMS. LOW CLOSING COST.