- For Sale $700,000
- Property Type Retail
- Property Size 6,329 SF
- Lot Size 0.54 Acre
- Year Built 1986
- Date Updated Apr 25, 2024
The retail center comprises 6 retail units, providing a mix of spaces suitable for various businesses. The property represents a
compelling investment opportunity with the potential to enhance overall returns by bringing current rents in line with market
rates. The month-to-month leases provide flexibility for new ownership to implement strategic changes, attract higher-paying
tenants, and maximize rental income. The current income is grossly below what the overall market is supporting, and nearly
doubling the income in the first year should be feasible.
The property enjoys an area with a 3-mile radius demographic of approximately 54,406 people.
This favorable demographic profile provides a solid customer base for retail businesses, enhancing the potential for sustained
foot traffic. The property has been well-maintained throughout the years and has proven to be a low-maintenance investment
opportunity. A new buyer can certainly benefit by putting time into managing the asset and creating significant value through
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
False
Contacts
John M. Leonard
Marcus & Millichap
(678) 808-2750
Location
Getting Around
-
Walk Score ®
Somewhat Walkable (61) -
Transit Score ®
Some Transit (38) -
Bike Score ®
Bikeable (52)
- City Forest Park, GA
- Neighborhood Phillips & Sargent
- Zip Code 30297
- Market Atlanta
Points of Interest
-
F Gates & International Terminal
4.14 miles
-
E Gates
4.48 miles
-
D Gates
4.60 miles
-
C Gates
4.78 miles
-
B Gates
4.96 miles
-
A Gates
5.14 miles
-
T Gates
5.31 miles
-
Domestic Terminal
5.39 miles
-
Airport
5.52 miles
-
College Park
5.92 miles
-
Shell
0.16 miles
-
Texaco
0.29 miles
-
Shell
0.46 miles
-
Chevron
0.65 miles
-
Mobil
0.88 miles
-
Sunoco
1.11 miles
-
BP
1.16 miles
-
BP
1.48 miles
-
BP
1.62 miles
-
Mobil
1.63 miles
-
C.W. Grant Pkwy Park & Ride
3.07 miles
-
International Terminal Park-Ride
3.39 miles
-
International Terminal Hourly Parking
4.03 miles
-
Riverdale Park & Ride
4.42 miles
-
Peachy Parking
5.12 miles
-
Peachy Airport Parking
5.16 miles
-
Park-Ride Reserve
5.29 miles
-
Terminal South Daily
5.34 miles
-
Terminal North Hourly
5.43 miles
-
Terminal South Gold Lot
5.43 miles
-
Chick-fil-A
0.24 miles
-
KFC
0.27 miles
-
Burger King
0.29 miles
-
Checkers
0.30 miles
-
Waffle House
0.42 miles
-
McDonald's
0.42 miles
-
Sonic
0.45 miles
-
Little Caesars
0.52 miles
-
Best Doughnuts
0.58 miles
-
Wings Hut
0.75 miles
-
Jasber Plaza
0.11 miles
-
Pavillion Plaza
0.51 miles
-
Piggly Wiggly
0.51 miles
-
Farmer's market
0.52 miles
-
The Walker Building
0.59 miles
-
Clayton Plaza
0.59 miles
-
Brito Supermarket
1.61 miles
-
El Granero
1.78 miles
-
El Dixie Plaza
2.03 miles
-
Walmart Supercenter
2.07 miles
Contact Listing Broker
John M. Leonard
Marcus & Millichap
(678) 808-2750