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0 N Hwy 27 & W Hwy 136 is aland property for lease in La Fayette, GA. The property currently has 1 land for lease and is marketed by KW Commercial.
This is a NNN lease investment property which is priced at an 8.07% Cap Rate. The tenant is 7 months into the first year of a 5 year NNN lease. There are two 5-year extensions. The convenience store is branded with Hi-tech fuel. The location is in front of the Walmart Super Center that services Lafayette, GA and the surrounding communities. It has a premier corner location at the intersection of Hwy 127 and Hwy 136. The other corner locations have a First Volunteer Bank, a Krystal restaurant and a Mapco convenience store. See Lease Abstract which is attached.
Adjacent to the property is a 6-bay self-service car wash property that is being sold separately for $349,000. It contains approximately 1.04 acres. This property could be redevelopment into a high use retail site.
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- Michael Tucker, agent and Rofo Pro