Pavilion at Southlake | Morrow, GA Retail FOR SALE


Morrow, GA
$5,475,000 USD
404-849-1631
, Morrow, GA for Sale
$5,475,000 USD
Retail - FOR SALE
1/7
null | 8.43% Cap Rate

Pavilion at Southlake | Morrow, GA
Morrow, GA


HIGHLIGHTS

  • 92.34% Leased | High yield retail center that is home to a syngergistic mix of nation, regional, and local tenants including Humana, LensCrafters, etc
  • Low Price Point Opportunity | Low cost per square foot equates to lower risk and upside, opportunity to replace rolling tenants at increased rents
  • Transforming Area | $117MM convocation center under construction and located across from thriving mall with 100+ tenants
  • Visibility and Signage | Signalized entrance and visibility along Mount Zion Road, featuring a prominent monument sign
  • Access | Two access points directly onto Mount Zion Road - one at a signalized light
  • Roof - Replaced in 2015

OVERVIEW

Matthews Real Estate Investment Services™, as exclusive broker, is pleased to offer the opportunity to acquire The Pavilion at Southlake, a 65,267± SF unanchored retail center, 92.34% leased to a synergistic mix of national, regional, and local tenants. The property sits in the dense Mount Zion corridor, located in the heart of Morrow, GA within the Atlanta MSA. The Pavilion at Southlake is a low price per square foot asset, fully leased in the heart of the dense and transforming Mount Zion / Southlake corridor. The property sits across from a thriving mall and new $117M Convocation Center, and is one blockfrom the highest traffic corner intersection in market: GA Highway 54 and Mount Zion Road. The property boasts an excellent mix of service oriented tenants with mulitple access points and a traffic light entrance. Broker of Record Bill Pedersen License No. 80041 (GA) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

ASK ABOUT THIS PROPERTY

Jeff EnckSRS Real Estate PartnersMore Info
404-849-1631

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Jeff EnckSRS Real Estate PartnersMore Info
404-849-1631

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