1287 Highway 138 - Storefront FOR SALE


Jonesboro, GA 30236
$2,650,000 USD
404-934-0900
1287 Highway 138, Jonesboro, GA for Sale
$2,650,000 USD
Storefront - FOR SALE
1/21
null | 6.76% Cap Rate

1287 Highway 138
Jonesboro, GA 30236


OVERVIEW

Jonesboro Village is a single-story fully leased retail center located in Jonesboro Georgia. The building is approximately 20,200 square feet and is currently 100% leased with Value-Add opportunity due to month to month tenant well below market rate currently in place. The property is located adjacent to national retail tenant as Advance Autoparts, close proximity to the high school, police department and University of Georgia Extension in Clayton County and a growing City of Jonesboro. Strong Demographics, Traffic counts and household income within 1-5 mile radius. The property represents an opportunity to acquire a well-located property, priced below replacement cost, that provides a great upside opportunity. Current tenants include 3 Medical Tenants and a mix of retail space.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

6.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jonesboro Village

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

109

LAND DETAILS

CROSS STREETS

Jonesboro Rd

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

C1

APN/PARCEL ID

12-0048A-00I-010

ASK ABOUT THIS PROPERTY

Catalina AdkinsonCompass Real Estate Services LLCMore Info
404-934-0900

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Catalina AdkinsonCompass Real Estate Services LLCMore Info
404-934-0900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.