Shopping Strip
Retail Strip Center - Forest Park, GA
5680 Old Dixie Hwy, Forest Park, GA 30297
Listing Price: $5,500,000
Investment Overview
Marcus & Millichap is Pleased to Present a Multi-Tenant Retail Investment Opportunity in Forest Park, Georgia. This Retail Opportunity is a Sound Opportunity for an Investor Looking for a High Cash Flowing Asset. This Property is Situated on the Bustling Old Dixie Highway Experiencing Nearly 20,000 Vehicles per day. It is Ideally Situated Just Steps From I-75 and Atlanta’s Hartsfield Jackson Airport. In 2022, the Building’s Roof was Replaced, the Parking lot was Resurfaced, and 50 Percent of the HVAC Units Were Replaced. This Provides the Next Owner With Peace of Mind With no big Upcoming Maintenance Costs.
The Property is 13,200 SF and Boasts Five Tenants for 100 Percent Occupancy. The Property Generates an Annual NOI of $363,829, Providing an Investor with a Sound Income Producing Asset. The Center is Strategically Located Amidst the Densely Populated City of Forest Park, Within the Atlanta MSA. The Center Benefits From the Nearly 72,000 People Located Within a Three-Mile Radius. The Current Tenant mix of the Center Fills the Needs of the Surrounding Community, Ensuring its Long-Term Success.
Retail Strip Center - Forest Park, GA
Investment Highlights
- Stabilized, Income Producing Asset with a Strong and Diverse Tenant mix Including Local Grocer, Restaurant, Coin Laundry, and More
- 100% Leased at Close, With Several Tenants on Long-Term Leases That Provide Stable Income
- Flexible Floor Plans Accommodate Small to Mid Size Businesses, Supporting Tenant Retention and Leasing Velocity
- High Visibility Location Along Old Dixie Highway, A Heavily Trafficked Arterial in Forest Park, Georgia
- Strong Demographics: Nearly 72,000 People in a 3-Mile Radius
- Close Proximity to I-75 and Atlanta's Hartfield Jackson International Airport
- Excellent Positioning for Retail and Service Exposure
- Roof Renovations: Roof Replacement in 2022 to Improve Durability and Reduce Maintenance
Exclusively Listed By
Broker of Record
Listing Price: $5,500,000
Investment Highlights
- Stabilized, Income Producing Asset with a Strong and Diverse Tenant mix Including Local Grocer, Restaurant, Coin Laundry, and More
- 100% Leased at Close, With Several Tenants on Long-Term Leases That Provide Stable Income
- Flexible Floor Plans Accommodate Small to Mid Size Businesses, Supporting Tenant Retention and Leasing Velocity
- High Visibility Location Along Old Dixie Highway, A Heavily Trafficked Arterial in Forest Park, Georgia
- Strong Demographics: Nearly 72,000 People in a 3-Mile Radius
- Close Proximity to I-75 and Atlanta's Hartfield Jackson International Airport
- Excellent Positioning for Retail and Service Exposure
- Roof Renovations: Roof Replacement in 2022 to Improve Durability and Reduce Maintenance
Investment Overview
Marcus & Millichap is Pleased to Present a Multi-Tenant Retail Investment Opportunity in Forest Park, Georgia. This Retail Opportunity is a Sound Opportunity for an Investor Looking for a High Cash Flowing Asset. This Property is Situated on the Bustling Old Dixie Highway Experiencing Nearly 20,000 Vehicles per day. It is Ideally Situated Just Steps From I-75 and Atlanta’s Hartsfield Jackson Airport. In 2022, the Building’s Roof was Replaced, the Parking lot was Resurfaced, and 50 Percent of the HVAC Units Were Replaced. This Provides the Next Owner With Peace of Mind With no big Upcoming Maintenance Costs. The Property is 13,200 SF and Boasts Five Tenants for 100 Percent Occupancy. The Property Generates an Annual NOI of $363,829, Providing an Investor with a Sound Income Producing Asset. The Center is Strategically Located Amidst the Densely Populated City of Forest Park, Within the Atlanta MSA. The Center Benefits From the Nearly 72,000 People Located Within a Three-Mile Radius. The Current Tenant mix of the Center Fills the Needs of the Surrounding Community, Ensuring its Long-Term Success.
Exclusively Listed By
Broker of Record
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