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1820 Noah's Ark Road - The Shoppes at Noah's Ark, Jonesboro, GA

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1820 Noah's Ark Road - The Shoppes at Noah's Ark

Jonesboro, GA 30236 - Riverdale/Jonesboro Ret Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2008
Building Size:11,280 SF Land Area:2.73 AC (118,919 SF)
For Sale Price:$820,000 Price/SF:$72.70
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 7.09/1,000 SF
4,320 SF is available to occupy upon purchase.

Sale Notes:
Only 20 % down payment necessary! SBA loan qualified. Great use for owner user. Easiest buy for investors with low down payment as long as you can use 51 % of your own use within a year. $47,940 year income now. One lease offer pending. Tenant rental income my cover your monthly mortgage. Your property value goes up while you operate business here with rental income. Good looking. Asking price is 50 % of the construction cost. Most of all, you can sell the vacant lot and keep the building. That mean a nice profit immediately. Otherwise you can build extra building on the lot or keep it for unlimited potential.

Peter Shin, Inc.
Peter Shin
(404) 642-0461

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