Shopping Strip
The Shoppes of Greenbriar
2925 Headland Dr, East Point, GA 30344
Listing Price: $8,500,000
Investment Overview
This property boasts a diverse tenant roster, anchored by reputable names like U-Haul and Family Dollar, alongside a (13,800 sq ft) storage facility, all spread across 6.29 acres of prime land, totaling nearly 51,000 square feet. Despite its solid foundation, the current income generated falls short of the asset's true potential, particularly evident in the underutilized storage units with below-market rents.
While stability is ensured for the current owner, the property presents an enticing prospect for a new investor to capitalize on its untapped value. With ample parking space available, there's room for innovative concepts like food trucks, adding supplementary income streams. A
discerning investor can leverage this opportunity, strategically adjusting rents and exploring new tenant possibilities to align with the area's growth trajectory.
With a track record of success spanning decades, this property stands poised for further prosperity, awaiting the savvy touch of an investor ready to unlock its full potential and capitalize on future market dynamics..
Investment Highlights
- Extraordinary Opportunity To Own A Retail Plaza With An Existing Self-Storage Facility And U-Haul Business
- Value-Add Opportunity To Convert Retail Leases To NNN And Fully Lease Out Retail Building And Self-Storage Facility
- Healthy 3-Mile Demographics of 67,025 People
- Situated Strategically To Benefit From $150 Million Downtown East Point Redevelopment Plan Approved In November 2023
- Easy Access to Hartsfield Jackson International Airport
- Anchored by Family Dollar
- Kroger Anchored Shopping Center Across the Street
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $8,500,000
Investment Highlights
- Extraordinary Opportunity To Own A Retail Plaza With An Existing Self-Storage Facility And U-Haul Business
- Value-Add Opportunity To Convert Retail Leases To NNN And Fully Lease Out Retail Building And Self-Storage Facility
- Healthy 3-Mile Demographics of 67,025 People
- Situated Strategically To Benefit From $150 Million Downtown East Point Redevelopment Plan Approved In November 2023
- Easy Access to Hartsfield Jackson International Airport
- Anchored by Family Dollar
- Kroger Anchored Shopping Center Across the Street
Investment Overview
This property boasts a diverse tenant roster, anchored by reputable names like U-Haul and Family Dollar, alongside a (13,800 sq ft) storage facility, all spread across 6.29 acres of prime land, totaling nearly 51,000 square feet. Despite its solid foundation, the current income generated falls short of the asset's true potential, particularly evident in the underutilized storage units with below-market rents. While stability is ensured for the current owner, the property presents an enticing prospect for a new investor to capitalize on its untapped value. With ample parking space available, there's room for innovative concepts like food trucks, adding supplementary income streams. A discerning investor can leverage this opportunity, strategically adjusting rents and exploring new tenant possibilities to align with the area's growth trajectory. With a track record of success spanning decades, this property stands poised for further prosperity, awaiting the savvy touch of an investor ready to unlock its full potential and capitalize on future market dynamics..
Exclusively Listed By
Broker of Record
Financing By
![MM Texture Background](https://www.marcusmillichap.com/-/media/Images/MM/MM%20Hero%20Images/mm-news-research-hero-background.jpg?h=1030&iar=0&w=2880&rev=1569e23dd24a4ecea0b588f7ee537310&hash=B6D3CA35A0504F883C2C5068EE8436C0)
![MM Textured Background Lower](https://www.marcusmillichap.com/-/media/Images/MM/MM%20Hero%20Images/mm-property-footer-background%20jpg.jpg?h=1030&iar=0&w=2880&rev=f3ed593e923445f38df9f1c32d8d190f&hash=323A48081850EDAAE5E1F61061CADFD9)