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Shopping Neighborhood

Southside Discount Mall

6525 Tara Blvd, Jonesboro, GA 30236

Listing Price: $4,450,000

Gross SF
125,000
Rentable SF
120,439
Price/Gross SF
$35.60
Lot Size
8.10 acres
Year Built
1968

Investment Overview

Southside Discount Mall is a 120,439 SF retail community shopping center located on busy Tara Boulevard. The center sits on its own 8.1 acre site. The center is 100% occupied with additional rental income from a seasonal carnival. The property is anchored by a 135 booth Discount Mall and credit tenant CSL Plasma, which joined the center in 2013 with a 15-year lease with 2% annual rent increases. CSL Plasma spent about $2 million on tenant improvements. The Community Center is located in Johnsboro, GA within Clayton County which is a Sub-market of Atlanta, GA and directly off of Interstate 75 (the main thoroughfare through Atlanta) Traffic Counts are extremely strong in this area with over 54,000 VPD on Tarab Blvd and over 141,000 VPD on I-75.

Investment Highlights

  • Diverse Income Stream
  • Low Rents Average $3.75 psf Gross Rent | Submarket Rate is $14.65 psf NNN
  • High-Traffic Center at Signalized Intersection | Easy Ingress/Egress
  • Highly visible with wide road frontage of 190"

Exclusively Listed By

Shopping Neighborhood

Southside Discount Mall

Listing Price: $4,450,000

Gross SF
125,000
Rentable SF
120,439
Price/Gross SF
$35.60
Lot Size
8.10 acres
Year Built
1968

Investment Highlights

  • Diverse Income Stream
  • Low Rents Average $3.75 psf Gross Rent | Submarket Rate is $14.65 psf NNN
  • High-Traffic Center at Signalized Intersection | Easy Ingress/Egress
  • Highly visible with wide road frontage of 190"

Investment Overview

Southside Discount Mall is a 120,439 SF retail community shopping center located on busy Tara Boulevard. The center sits on its own 8.1 acre site. The center is 100% occupied with additional rental income from a seasonal carnival. The property is anchored by a 135 booth Discount Mall and credit tenant CSL Plasma, which joined the center in 2013 with a 15-year lease with 2% annual rent increases. CSL Plasma spent about $2 million on tenant improvements. The Community Center is located in Johnsboro, GA within Clayton County which is a Sub-market of Atlanta, GA and directly off of Interstate 75 (the main thoroughfare through Atlanta) Traffic Counts are extremely strong in this area with over 54,000 VPD on Tarab Blvd and over 141,000 VPD on I-75.

Exclusively Listed By

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