1304 Hogansville Rd - Freestanding FOR SALE


Lagrange, GA 30241
$620,000 USD
404-812-8925
1304 Hogansville Rd, Lagrange, GA for Sale
$620,000 USD
Freestanding - FOR SALE
1/6
null | 8.01% Cap Rate

1304 Hogansville Rd
Lagrange, GA 30241


OVERVIEW

- Attractive neighborhood retail center in LaGrange, a growing city 60 miles southwest of Atlanta - 100% occupied to seven well-established tenants - All tenants are MTM, creating immediate upside - The center was built in 2006 and all units have been renovated - Nearby national tenants include Advance Auto Parts, CVS, and Dollar General, and there are multiple residential communities in the vicinity - Located 18 minutes from Kia's West Point Assembly Plant, a 2,200-acre, $1.1 billion-dollar facility that employs over 2,700 people and has produced more than 14,000 jobs in the West Georgia region - Walking distance from Crossvine Village, a 341-acre community with retail, mixed-use, townhomes, and single family and multifamily units Hogansville Road Plaza is an excellent opportunity for an investor to acquire an exceptional shopping center strategically located in LaGrange, GA, offering strong revenue potential and long-term stability. This established retail hub is positioned along a major road with average daily traffic counts of over 11,500, has 173 feet of frontage on Hogansville Road, and is located in a thriving residential area that continues to grow. Hogansville Road Plaza boasts a diverse mix of local specialty shops, creating a dynamic retail environment that draws a steady flow of foot traffic. With 5,600 square feet of leasable space, this well-maintained center features seven retail units, equipped with HVAC units and ample parking for both customers and tenants.

FOR SALE DETAILS

PRICE

$620,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

8.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

16-CR-MX

APN/PARCEL ID

0501A008002A

ASK ABOUT THIS PROPERTY

Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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