STNL Property Video
Price
$1,415,000
The Deal in 30 Seconds
Deal Highlights
Burgeoning Corridor: Ellianos is positioned at the heart of Athens’ fastest-growing corridor, with hundreds of apartment units under construction and several national retailers built in recent years.
Ideal Stop into Athens: Ellianos is located on the right side of the road to benefitfrom copious traffic entering westbound into Athens. Whether it be for work commute or to the 41,000+ student University of Georgia, under five miles away.
Newly Constructed Ground Lease: Ellianos sports an attractive lease structure for long-term investment stability, featuring a ground lease with annual rent increases.
6.00%
Cap Rate
Ground Lease
Lease Type
Term Remaining
15 Years
$85,000
NOI
800 sqft
Bldg Size
0.36 Acres
Lot Size
2023
Year Built
$53,697
3 Mile HHI
19,291
3 Mile Pop
Landlord Responsibilities: None



